Who are Deepak Parekh and Paresh Suthankar? 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.