DIPAM Says IDBI-Fairfax Deal Fully Protects Employees as Stake Sale Advances
The government has said that employees’ service conditions at IDBI Bank will remain fully protected as the long-running privatisation process moves ahead, easing one of the key concerns around the proposed sale. DIPAM Secretary Arunish Chawla said the transaction structure has been designed to safeguard staff interests while allowing the strategic disinvestment to proceed.
