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#India Banking digit-insurance disinvestment fairfax Finance Financial services government-of-india idbi-bank iifl-capital Insurance LIC

Fairfax COO says IDBI has potential to be finest universal Indian bank with global reach

Mumbai, November 13: Fairfax Financial Holdings’ Rs 52,878-crore acquisition of IDBI Bank, clinched with an offer that beat the government’s independent valuation benchmark, is set to pave the way for the Canadian investor to transform the lender into a diversified financial services powerhouse spanning banking, insurance, investment banking and wealth management, sources said. Fairfax, led […]

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