Fairfax India Holdings unit sells 9.7% stake in CSB Bank for $70m

Fairfax India Holdings unit sells 9.7% stake in CSB Bank for $70m

Prem Watsa of Fairfax India Holdings. Photo: Reuters

Fairfax India Holdings Corp said on Thursday its wholly-owned subsidiary, FIH Mauritius Investments, sold a 9.7% stake in Indian private lender CSB Bank to comply with regulatory norms.