Fairfax Financial, a frontrunner to acquire the Indian government’s stake in IDBI Bank, is set to receive up to two years to consolidate its Indian banking holdings because it owns about 40% of CSB Bank. The transaction, valued at more than $5 billion, would be the largest foreign investment in an Indian bank and remains subject to final government and regulatory approvals. Fairfax could sell its entire CSB stake or merge CSB with IDBI to comply with rules barring an entity from owning and operating two separate banks. The development comes as Canadian stock-market futures rise with gold prices, while elevated bond yields, higher oil prices and energy-driven inflation concerns continue to weigh on financial stocks and the broader market.