The Board of IDFC Ltd has approved the appointment of Mahendra N Shah as Managing Director (MD) – Designate with immediate effect, according to The Hindu BusinessLine report. He will be MD with effect from October 1, 2022, till September 30, 2023, subject to approval of the shareholders of the company and other applicable statutory/regulatory…
IDFC Limited (IDFC) and a consortium comprising Bandhan Financial Holdings Limited (BFHL), GIC (GIC) and ChrysCapital (CC) have entered into a definitive agreement to acquire IDFC Asset Management Company Limited (IDFC AMC) and IDFC AMC Trustee Company Limited from IDFC Limited, for a consideration of INR 4,500 crore subject to receipt of necessary regulatory approvals…