Banking News
Read the full story
Source: Economic Times
Economic Times
Source
Banking Sector
Category
4 min
Read time
15 Oct
Published
Banking Sector
4 min read· Economic TimesCanada'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
