Fairfax plans to transfer its stakes in IIFL Capital Services and Digit to IDBI Bank, creating a diversified financial services group after its ₹52,878 crore acquisition of a 60.72% stake in the lender. The restructuring will cover banking, insurance, investment banking and wealth management.
Fairfax plans to transfer its stakes in IIFL Capital Services and Digit to IDBI Bank, creating a diversified financial services group after its ₹52,878 crore acquisition of a 60.72% stake in the lender. The restructuring will cover banking, insurance, investment banking and wealth management. by Soban News (international And National News)