Rahul Gandhi expresses solidarity with IDBI Bank employees over disinvestment plan

Congress leader Rahul Gandhi criticized the government's decision to sell IDBI Bank to Canadian firm Fairfax, stating that public banks are nation-building tools.

Gandhi noted that government and LIC ownership will drop from 95 percent to 34 percent following the strategic disinvestment transaction.

The DIPAM previously clarified that the second round of bidding followed transparent procedures determined by the Core Group of Secretaries on Disinvestment.