Anantharaman said in a phone interview. The 96-year-old Indian lender must now send a list of valuation companies, which can produce an estimate of Catholic Syrians worth, to the central bank for their selection before proceeding with discussions, he said Friday. The lenders board can then negotiate a deal price with the Canadian investment firm based on the valuation report, Catholic Syrian Director S. interview skills for students pptSanthanakrishnan said by phone. The parties will need to reach a final agreement within three months of the valuation company being chosen, according to Anantharaman. The approval for Fairfax to acquire a stake is a game-changer for banks and for Catholic Syrian Bank, Santhanakrishnan said. Representatives for Fairfax and the RBI didnt immediately respond to e-mails seeking comment. Indias Mint newspaper reported the RBI approval earlier Friday, citing unidentified people. Voting Rights Catholic Syrian had 156.5 billion rupees ($2.3 billion) of assets at the end of March, according to its annual report. try this siteThe lenders network includes more than 430 branches and 240 automated teller machines in India, its website shows. Indias central bank will require Fairfax to keep its ownership level for at least five years, Santhanakrishnan said.
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