Banking News

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Source: Economic Times

Economic Times
Source
Banking Sector
Category
4 min
Read time
15 Oct
Published
Banking Sector
4 min read· Economic Times

Canada's Warren Buffett bets his billions on India. What does he see?

Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking deal. The Canadian investor plans to build a financial services powerhouse by combining banking with insurance, wealth management and capital markets. But regulatory approvals, overl…

Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking deal. The Canadian investor plans to build a financial services powerhouse by combining banking with insurance, wealth management and capital markets. But regulatory approvals, overl

Source: Economic Times