Last Updated on
Catholic Syrian Bank is a leading private sector bank with its headquarters at Thrissur, Kerala. It is one of the oldest banks which began operations on 26 November 1920. It is a full service bank offering Neighborhood Banking, NRI Services, SME and Wholesale banking services. At present, the bank has a network of over 430 branches and more than 240 ATMs across India. The bank also plans to open more branches in a phased manner.
Catholic Syrian Bank (CSB) Unlisted shares details:
Sector: Private sector bank
Face Value: Rs 10
Book Value: Rs 109
Catholic Syrian Bank announces proposed investment by Fairfax India
Catholic Syrian Bank announced that Fairfax India Holdings Corporation has formally indicated it’s continued interest in investing 51% in the share capital of the Bank at a mutually agreed price of Rs 140 per share.
Fairfax India is a Canadian investment holding company that invests in public, and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. It is headquartered in Toronto, Canada and trades under the symbol “FIH.UN” on the Toronto Stock Exchange.