Deepak Parekh, Paresh Sukthankar to advise Fairfax on IDBI Bank: Prem Watsa
Deepak Parekh and Paresh Sukthankar will advise Fairfax Financial Holdings on its acquisition of IDBI Bank, as confirmed by CEO Prem Watsa. This move represents a significant foreign investment in India's financial sector. Fairfax aims to finalize the deal with NS Kannan as chairman, pending Reserve Bank of India approval.