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Who are Deepak Parekh and Paresh Sukthankar? Former HDFC and HDFC Bank execs Prem Watsa is consulting for IDBI Bank deal

Fairfax Financial will acquire a 60.72% stake in IDBI Bank for about 53,000 crore, buying shares from the Indian government and LIC. Fairfax plans to retain CEO Rakesh Sharma and is consulting former HDFC leaders Deepak Parekh and Paresh Sukthankar.