Business

Fairfax buys IDBI for US$5.6 billion in India’s biggest bank deal

Financial Post · October 14, 2026 at 8:09 a.m.

Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd. will acquire a stake in IDBI Bank Ltd. for 528.78 billion rupees (US$5.6 billion), making it one of biggest foreign investment in India’s rapidly growing financial services sector.

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Fairfax buys IDBI for US$5.6 billion in India’s biggest bank deal

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