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Fairfax’s Watsa Bets On IDBI Payoff As India Booms, Report Says

Key Points

Canadian billionaire Prem Watsa is betting that his Fairfax Financial Holdings Ltd.’s acquisition of IDBI Bank Ltd. will pay off given India’s growth prospects, the Economic Times reported.

Canadian billionaire Prem Watsa is betting that his Fairfax Financial Holdings Ltd.’s acquisition of IDBI Bank Ltd. will pay off given India’s growth prospects, the Economic Times reported.
Fairfax (LOCATION) India (LOCATION) Canadian (ORG) Prem Watsa (PERSON) Fairfax Financial Holdings Ltd.’s (ORG) IDBI Bank Ltd. (ORG) the Economic Times (ORG)
Originally published by Bloomberg Markets Read original →