Fairfax India Holdings Corporation (Fairfax India), a longstanding investor in IIFL Finance Limited (the company), has announced its commitment to provide liquidity support amidst the recent Reserve Bank of India (RBI) embargo effective March 5, 2024, on the company’s gold loan disbursements. The RBI’s embargo has raised liquidity concerns amongst the company’s investors and lenders.…
Tag: Fairfax India
Fairfax India appoints R. William McFarland to its Board of Directors
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•Fairfax India Holdings Corporation (Fairfax India), an investment holding company, announced that it has appointed R. William (Bill) McFarland as an independent director. McFarland spent most of his career at PricewaterhouseCoopers (PwC) Canada and was admitted to the partnership in 1992. While at PwC (Canada), McFarland was also a member of the executive team and…