checkthis / Fact check

The Reel leaves out crucial context to make the sale look like a loss. The ₹52,878 crore deal is for a 60.72% stake, not the entire bank, which values the whole institution at roughly ₹87,000 crore. Furthermore, the agreed price of ₹81 per share is higher than the independent fair valuation of ₹75.99. The Reel also ignores that IDBI Bank required over ₹46,000 crore in bailouts from the government

Real video, twisted story. · checked 15 Oct 2026 · Money

The post we checked

Sold for ₹52,878 cr? Bank that gave ₹36,000 cr profit in last 4 years now going to a Canada firm? Profit-making PSU sale — masterstroke or mistake? What do you…

The trick: Accuses by asking

It asks a loaded question to plant a claim it never has to prove (known as accusing by question).

"Profit-making PSU sale — masterstroke or mistake?"

How this trick works and how to answer it →

What we checked

What the Reel doesn't tell you

• The agreed deal price per share exceeds the benchmark valuation determined by independent valuers.

What each side says

How it plays you

It wants you to think: "The government is selling off a profitable national asset to a foreign firm at a loss."

Comparing short-term operating profits to the sale price of a partial stake creates a false impression of loss. The agreed price exceeds independent fair valuations, while government and LIC capital infusions into the bank totaled over ₹46,000 crore.

• Selective framing: "Govt approved to sell IDBI Bank to Canada Company Fairfax for ₹ 52,878 Crore". It presents the ₹52,878 crore price tag without mentioning that it buys only a 60.72% stake, making the whole bank appear underpriced.

Does this look wrong?