Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

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CSB Bank Ltd, formerly Catholic Syrian Bank, is seeking a valuation of about Rs 3,600 crore ($502 million at current exchange rates) as it opens its initial public offering later this week. CSB Bank, which is controlled by Indian-born Canadian billionaire Prem Watsa’s investment firm Fairfax Financial Holdings Ltd, has set ......