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Fairfax Financial to acquire majority stake in IDBI Bank

PUBLIC · FRFHFOct 14, 2026

Acquiring Company

Fairfax Financial Holdings Ltd

Acquired Company

IDBI Bank Ltd

TorontoMumbaiFinancial ServicesHospitalityFinancial ServicesFinanceLendingBanking

Description

Fairfax Financial Holdings Ltd. has signed a deal to purchase a majority stake in IDBI Bank Ltd. for approximately $7.9 billion. This acquisition grants Fairfax a 60.72 percent equity stake in the bank. The deal is subject to approval by the Reserve Bank of India.

Company Information

Company

Fairfax Financial Holdings Ltd

Location

Toronto, Ontario, Canada

About

Fairfax Financial Holdings Ltd. is a holding company primarily engaged in property/casualty insurance and reinsurance, with associated investment management.

Fundz sees it the moment Fairfax Financial Holdings Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired IDBI Bank Ltd?

IDBI Bank Ltd was acquired by Fairfax Financial Holdings Ltd, based in Toronto. The deal was reported on October 14, 2026. Fairfax Financial Holdings Ltd. is a holding company primarily engaged in property/casualty insurance and reinsurance, with associated investment management. Fairfax Financial Holdings Ltd is publicly traded (FRFHF) and operates in Financial Services.

When did Fairfax Financial Holdings Ltd acquire IDBI Bank Ltd?

Fairfax Financial Holdings Ltd's acquisition of IDBI Bank Ltd was reported on October 14, 2026. Fairfax Financial Holdings Ltd. has signed a deal to purchase a majority stake in IDBI Bank Ltd. for approximately $7.9 billion. This acquisition grants Fairfax a 60.72 percent equity stake in the bank. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IDBI Bank Ltd do?

IDBI Bank Ltd. is one of the major commercial banks in India, providing a range of banking and financial services. It was established in 1964 and has a significant presence in retail and corporate banking. It is privately held, operating in Financial Services, and is based in Mumbai.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.