IDFC has received approval from board of directors to initiate steps to divest its mutual fund business subject to requisite regulatory approvals, as applicable. The Boards authorised respective Strategy & Investment Committees to take necessary steps, including appointment of Investment Banker, for the same. The Board of Directors at their meeting held on September 17, 2021 considered and approved the same.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
