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Fairfax’s Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse

viaeconomictimes.indiatimes.com1h ago
Fairfax’s Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse
Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses…

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