Indian-born Canadian billionaire Prem Watsa's Fairfax bets $5.6bn on India's IDBI Bank
Billionaires Africa | 15.11.2026 02:34
Fairfax Financial Holdings Ltd., the insurance and investment group led by Indian-born Canadian billionaire Prem Watsa, says IDBI Bank Ltd. has the potential to become the finest universal bank in India with a global reach, as it works to close its ₹52,878 crore ($5.6 billion) purchase of a controlling stake in the state-backed lender.
