Canada's Fairfax may get 2 years to consolidate holdings for IDBI Bank deal

•Canada's Fairfax Financial may get up to 2 years to consolidate its India bank holdings for IDBI Bank deal.

•Fairfax owns 40% of CSB Bank and may sell its stake or merge it with IDBI Bank to comply with RBI regulations.

•IDBI Bank deal valued at over $5 billion, largest foreign investment in an Indian bank, awaiting final approval from a committee of ministers.

•Fairfax has significant investments in India, including non-bank lender IIFL Capital and online brokerage firm 5paisa.