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Rahul Gandhi opposes IDBI Bank stake sale to Fairfax backs employees protesting privatisation

Leader of the Opposition Rahul Gandhi strongly criticized the Centre’s move to sell a majority stake in IDBI Bank to Canada’s Fairfax Financial Holdings. Backing bank employees opposing privatisation, Gandhi argued that public sector lenders safeguard national economic welfare, warning that selling state assets compromises job security, employee reservation benefits, and credit access for farmers.

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