Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s): FFXDF

Financial Services Asset Management

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing 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. The Company makes all or substantially all of its investments either directly or through one of its wholly owned consolidated subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius), and FIH Private Investments Ltd (FIH Private). The Company, through its subsidiaries, holds investment in the Bangalore International Airport Limited, Sanmar Chemicals Group, Seven Islands Shipping Limited, Maxop Engineering Company Private Limited, Jaynix Engineering Private Limited, and more. The Company's portfolio manager is Hamblin Watsa Investment Counsel Ltd.

TSX:FIH.U - Post by User

Fairfax India Holdings Corp

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Post by james1975on Aug 23, 2018 6:59pm

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Post# 28509100

Up to 35% growth for IIFL

Another report on NBFCs. Very, very hot growth area for the next 5 years as the Indian GDP expands at 7-8% annually.

Economic Times
Jan. 15 2018

MUMBAI: Non-Banking Finance companies are expected to report as much as 35 per cent growth in earnings as retail loans by small and medium enterprises continued at a brisk pace even as state-run lenders continued to hold on to their purse strings due to bad loans.

Read more at:

https://economictimes.indiatimes.com/markets/stocks/news/nbfcs-may-see-35-earnings-growth/articleshow/62503814.cms

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