India's first foreign owned bank is preparing for a $58 million IPO - Dealers Care

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Thursday, 28 March 2019

India's first foreign owned bank is preparing for a $58 million IPO

Last year, Toronto-based Fairfax agreed to invest $168 million for a 51% stake in the Syrian Catholic Bank, the first time the RBI allowed a foreign firm to take a majority interest in a local lender

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