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Prem Watsa's Fairfax Financial Pursues Major IDBI Bank Stake in ₹52,878 Crore Deal

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Prem Watsa, who reportedly moved to Canada in 1972 with only $8, has built a large financial business over five decades. His Fairfax Financial Holdings has begun the process to acquire a significant stake in IDBI Bank. The move is seen as a signal of his interest in India's economy. Watsa has said his firm focuses on long-term investments across several Indian sectors. The deal is valued at around ₹52,878 crore.

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