{"ok":true,"trend":{"id":2829071,"platform":"mastodon","region":"global","key":"india's biggest bank sale is going to toronto. fairfax financial is buying a 60.72% stake in idbi bank for about c$7.9 b","title":"India's biggest bank sale is going to Toronto. Fairfax Financial is buying a 60.72% stake in IDBI Bank for about C$7.9 b","url":"https://social.i47i.cc/@i47i/statuses/01M59A1750QB3WMBK04WE54QJ6","first_seen":"2026-10-19T06:24:13.536965Z","last_seen":"2026-10-20T07:03:21.501963Z","last_rank":1,"peak_rank":1,"last_volume":2,"peak_volume":2,"seen_count":19,"score":0.8475,"category_hint":"banking","section":"business","category":"banking","summary":"Fairfax Financial, the Toronto-based holding company, is buying a 60.72% stake in India's IDBI Bank for about C$7.9 billion (528.78 billion rupees), in what is being called India's biggest bank sale. India's cabinet approved the deal this week, but it still needs sign-off from the Reserve Bank of India before it can close.","why":"The deal marks one of the largest cross-border bank acquisitions involving India and awaits final regulatory approval.","tone":"neutral","entities":["Fairfax Financial","IDBI Bank","Reserve Bank of India","Toronto"],"summarized_at":"2026-10-20T06:34:11.943426Z","meta":{"tag":"banking","via":"scan","kind":"status","lang":"en","instance":"mastodon.social","tag_uses":20},"nw":null,"promo":null,"kind":null,"importance":null,"hidden":false,"hide_reason":null,"judged_at":null,"title_en":"Fairfax Financial to buy majority stake in India's IDBI Bank","section_name":"Business","category_name":"Banking","timeline":[{"captured_at":"2026-10-19T06:24:13.536965Z","rank":6,"volume":0},{"captured_at":"2026-10-19T07:46:34.058866Z","rank":6,"volume":0},{"captured_at":"2026-10-19T09:08:34.274107Z","rank":6,"volume":0},{"captured_at":"2026-10-19T10:30:35.628302Z","rank":6,"volume":0},{"captured_at":"2026-10-19T11:52:33.505481Z","rank":6,"volume":0},{"captured_at":"2026-10-19T13:14:34.262116Z","rank":2,"volume":2},{"captured_at":"2026-10-19T14:36:33.892559Z","rank":2,"volume":2},{"captured_at":"2026-10-19T15:58:34.637340Z","rank":2,"volume":2},{"captured_at":"2026-10-19T17:21:39.290971Z","rank":2,"volume":2},{"captured_at":"2026-10-19T18:44:00.007897Z","rank":1,"volume":2},{"captured_at":"2026-10-19T20:06:02.317731Z","rank":1,"volume":2},{"captured_at":"2026-10-19T21:28:18.854855Z","rank":1,"volume":2},{"captured_at":"2026-10-19T22:50:18.039676Z","rank":1,"volume":2},{"captured_at":"2026-10-20T00:12:37.155329Z","rank":1,"volume":2},{"captured_at":"2026-10-20T01:34:38.037132Z","rank":1,"volume":2},{"captured_at":"2026-10-20T02:56:37.403184Z","rank":1,"volume":2},{"captured_at":"2026-10-20T04:18:59.659700Z","rank":1,"volume":2},{"captured_at":"2026-10-20T05:40:59.769460Z","rank":1,"volume":2},{"captured_at":"2026-10-20T07:03:21.501963Z","rank":1,"volume":2}],"posts":[{"platform":"mastodon","url":"https://social.i47i.cc/@i47i/statuses/01M59A1750QB3WMBK04WE54QJ6","author":"i47i@social.i47i.cc","title":null,"snippet":"India's biggest bank sale is going to Toronto. Fairfax Financial is buying a 60.72% stake in IDBI Bank for about C$7.9 billion (528.78 billion rupees), the deal India's cabinet approved this week; it still needs the Reserve Bank of India's sign-off. The Financial Post's weekly…","posted_at":"2026-10-19T05:27:00Z","likes":2}],"elsewhere":[],"window":"7d"}}