IDFC, non-banking finance company, is reportedly planning to sell loans of Rs 5,000 crore given to power and road projects. This move aimed at pre-empting regulatory requirements as it readies to turn into a full-fledged bank. The company is also planning to trim its exposure to infrastructure over the next 18 months to help reduce its priority sector loan liability.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
