Balakrishnan has joined IDFC
First Bank as chief operating officer.
Alternatives is a subsidiary of IDFC
, a company listed on the National Stock Exchange of India and the Bombay Stock Exchange.
The acquisition includes the Private Equity and Real Estate investment management businesses of IDFC
Alternatives, a subsidiary of IDFC
Limited, a company listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
The firms said, "IDFC
Bank and Capital First merged effective 18th December 2018.
Bank is committed to innovation and technology to make our products and services simpler and more accessible.
There is speculation in the market that Shriram Transport Finance and Shriram City Union, the two listed arms within the group, could be the possible targets for IDFC
He said a state of the art blood bank would be set up within three months while an eye hospital would be set up in six months at IDFC
In the mid-1990s, the government had felt the need to create a specialised infrastructure institution - Infrastructure Development Finance Company (IDFC
is a group of like-minded development banks from across the globe that collaborate to face global challenges.
"Bankers have pitched deals for IDFC
and DLF to us.
Premier Equity has a history of posting profits across market cycles, despite belonging to a category deemed risky.
Mumbai, June 10 -- IDFC
Limited announced its adoption of the Equator Principles, an internationally accepted credit risk management framework for determining, assessing and managing environmental and social risk in Project Finance transactions.