IIFL Finance, an Indian non-banking financial company (NBFC), has secured long-term joint funding of $100 million from Deutsche Bank and Export Development Canada (EDC). IIFL Finance, which is backed by Fairfax, has obtained a sum of $50 million through Export Development Canada and $50 million from Deutsche Bank. The transaction was arranged under the auspices […]
Quess Corp Ltd., an Indian business services provider, is joining forces with Canada-based Fairfax Financial to set up CMC Vellore Paediatric Specialty Centre with an investment of INR 300 crores. In this connection, the two firms have signed a memorandum of association (MoA) with Christian Medical College (CMC), Vellore. CMC Vellore Paediatric Specialty Centre will […]
Trustar Bank, a chartered bank based in Virginia, has acquired Granite Mortgage, a full-service correspondent mortgage loan lender based in Fairfax, Virginia. The financial terms of the deal were not disclosed. Granite Mortgage is engaged in providing conventional, federal housing administration (FHA), and veterans affairs (VA) loans and also a range variety of non- qualified […]