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CSB BANK FAIRFAX
CSB Bank Q4 profit rises 6% on lower provisions, growth steadyCSB Bank reported 6% Q4 profit growth aided by lower provisions despite higher costs and weaker income. Margins improved, while advances an...
Fairfax emerges as frontrunner to acquire government-LIC stake in IDBI BankFairfax Financial seems poised to take the lead in acquiring a significant stake in IDBI Bank, with Kotak Mahindra Bank hot on its heels. A...
Fairfax-backed CSB Bank reports 16% YoY rise in net profit to Rs 160 croreFairfax-backed CSB Bank reported a 16% YoY rise in Q2 profit to ₹160 crore, driven by higher interest income and 16% NII growth to ₹424 cro...
CSB Bank plans to open first rep office in DubaiCSB Bank, backed by Fairfax, is set to expand overseas for the first time with a representative office in Dubai. This move aims to better s...
Federal Bank leads in loan expansion among Kerala banks in Q1Federal Bank reported a 20% year-on-year rise in gross loan portfolio to Rs 2.24 lakh crore at the end of June. Fairfax-backed CSB Bank clo...
Fairfax sells 9.72% in CSB Bank for Rs 595 crorePrem Watsa's Fairfax Group divests 9.72% stake in CSB Bank, raising Rs 595 crore through block deals. Key buyers include Amansa Holding and...
Fairfax Group likely to sell 9.72% in CSB BankAccording to the term sheet issued by the banker IIFL, FIH Mauritius Investments, an entity belonging to Fairfax Group is expected to sell ...
Prem Watsa clears air over charges by Muddy Waters, flaunts good showPrem Watsa, the Indian-Canadian billionaire, staunchly defends Fairfax Financial Holdings against accusations from Muddy Waters, asserting ...
Less than 20 companies in US have our kind of track record, says Prem Watsa of Fairfax FinancialMuddy Waters has alleged that Fairfax was “The GE of Canada” and not the Berkshire Hathaway that it was touted to be in a report on 8 febru...
CSB Bank to seek shareholders' nod to extend interim MD & CEO Mondal's termCSB Bank will seek shareholders' nod for Mondal's appointment at the 101th Annual General Meeting (AGM) to be held on September 27, 2022, t...
Fairfax-backed CSB Bank weighs buying out other old private banks to expand its balance sheetCSB chief executive CVR Rajendran told ET in an interview that the bank is evaluating all old generation private sector banks as possible c...
CSB Bank IPO overall subscribed 87 timesOverall, investors bid for 1,00,43,98,500 shares against 1,15,54,987 on offer.
CSB Bank IPO subscribed 1.7 times on Day 2 so farHeadquartered in Kerala, CSB Bank is among the oldest private sector bank in India.
CSB Bank issue better suited for investors with higher risk appetiteGold and SME Loans are the bank’s mainstay business areas, which are subject to stiff competition.
Fairfax to invest $5 billion more in India in next 5 yearsThe Fairfax boss thinks India offers an "unusual opportunity". He has also shrugged off slowdown worries.
CSB Bank files for Rs 400-cr IPOThe bank plans to raise Rs 30 crore by issuing fresh equity shares and the remaining Rs 370 crore from an offer for sale.
Clix Capital in talks to invest up to Rs 800 crore in Catholic Syrian BankThis comes after negotiations between the unlisted private sector bank and Canadian billionaire Prem Watsa-controlled Fairfax fell through ...
Catholic Syrian Bank valued at Rs 1,300 crore for Fairfax dealCSB, India’s oldest private sector lenders, has proposed a 51% stake sale to Canada’s Fairfax Financial Holdings Ltd at Rs 160 per share.
Catholic Syrian bank seeks nod for stake saleCSB which has a network of 430 branches, 240 ATMs across the country is being looked at as a vehicle to expand Watsa's presence in the Indi...
Prem Watsa-owned Fairfax Financial Holdings close to picking up controlling stake in Catholic Syrian BankIt is one of India's oldest private sector lenders. This marks the first takeover of a local private bank by a foreign investor.