Macro Finance
India’s IDBI Bank Employees Strike Over Fairfax Acquisition
Bloomberg Markets·November 2, 2026·1 min read
IDBI Bank employees began a two-day nationwide strike on Monday to protest the planned privatization of the lender, urging the federal government to scrap the sale to Fairfax Financial Holdings. The strike reflects labor opposition to the deal, which employees argue threatens job security and the bank's public ownership.
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