IDFC has received an approval for making an application to the Reserve Bank of India (RBI) for obtaining a Banking License, based on the Guidelines for Licensing of New Banks in the Private Sector dated February 22, 2013 and the associated clarifications issued by RBI on June 03, 2013. The board of directors at its meeting held on June 18, 2013 has approved for the same.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
