India: RBI asks Catholic Syrian Bank to iron out valuation issues with Fairfax

India: RBI asks Catholic Syrian Bank to iron out valuation issues with Fairfax

Fairfax Holdings CEO Prem Watsa. Photo: Reuters

The Reserve Bank of India (RBI) has asked Catholic Syrian Bank to iron out differences over valuation with Prem Watsa’s Fairfax Financial Holdings before looking at other investors, according to two people aware of the matter who asked not to be identified.

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