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IDBI Bank sale: Who is EAS Sarma? Activist & former civil servant asking President to reconsider lender's privatisation

Tuesday, October 20, 2026 - 22:55
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IDBI Bank sale: Who is EAS Sarma? Activist & former civil servant asking President to reconsider lender's privatisation
Former civil servant EAS Sarma urged the President to reconsider the proposed IDBI Bank sale to Fairfax and seek an independent inquiry. He argued the process lacks transparency, may undervalue public assets and impacts the lender’s development and welfare roles as a CPSE. 

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