Browsing: IIFL Capital

Canada’s Fairfax Financial Holdings will buy 60.72% of IDBI Bank for INR 52,878 crore at INR 81 a share, set to be the largest FDI in India’s financial sector.

Fairfax India is set to increase its stake in IIFL Capital Services from 30.5% to 51% through an investment of Rs. 20 billion ($211 million). The…