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Fairfax Bank

Fairfax not to cut CSB Bank stake in five years: MD & CEO Pralay Mondal

Pralay Mondal discusses the bank's roadmap, reducing the share of gold loans, and the recent Fairfax stake sale

Fairfax not to cut CSB Bank stake in five years: MD & CEO Pralay Mondal
Updated On : 26 Oct 2024 | 12:42 AM IST

Go Digit IPO: Issue subscribed over 9.6 times on final day, QIBs bet big

According to the exchange data, the retail investor portion of the issue was subscribed 4.27 times. The qualified institutional buyers' portion was booked 12.56 times

Go Digit IPO: Issue subscribed over 9.6 times on final day, QIBs bet big
Updated On : 17 May 2024 | 10:33 PM IST

Shriram Group likely to submit EoI for privatisation of IDBI Bank

Entry of Shriram Group as a bidder, could set the stage for at least a two-way contest for IDBI Bank with Prem Watsa's Fairfax Financial also believed to be a contender

Shriram Group likely to submit EoI for privatisation of IDBI Bank
Updated On : 14 Oct 2022 | 10:43 AM IST

Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22

The bids for the offer can be applied for a minimum of 75 shares and its multiples

Fairfax-backed CSB Bank fixes share price at Rs 193-195 for IPO on Nov 22
Updated On : 19 Nov 2019 | 11:26 AM IST

Fairfax offloads 4.9% stake in ICICI Lombard for Rs 2,627 crore

FAL Corporation, a subsidiary of Canada-based Fairfax, sold 22 million shares at Rs 1,178 apiece via block deals, the data provided by stock exchanges showed

Fairfax offloads 4.9% stake in ICICI Lombard for Rs 2,627 crore
Updated On : 17 Oct 2019 | 1:31 AM IST

India's first foreign owned bank is preparing for a $58 million IPO

Last year, Toronto-based Fairfax agreed to invest $168 million for a 51% stake in the Syrian Catholic Bank, the first time the RBI allowed a foreign firm to take a majority interest in a local lender

India's first foreign owned bank is preparing for a $58 million IPO
Updated On : 28 Mar 2019 | 1:46 PM IST