
Business & Economy
Fairfax to fold IIFL Capital, Digit into IDBI Bank
Following its ₹52,878 crore purchase of a 60.72% holding in IDBI Bank, Fairfax Financial intends to move its stakes in IIFL Capital Services and Digit under the lender, assembling a group spanning banking, insurance, investment banking and wealth management. Reports suggest Blackstone is weighing a stake in IIFL Finance, while MUFG studies majority control of Shriram Finance.
Sources: Mint












































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