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  • Merged entity to focus on branch expansion, cross selling products: Capital First

    Talking about the synergies of the combined entity, V Vaidyanathan, Chairman & MD, Capital First said they would be carrying capabilities of creating retail asset.

  • Will take merger proposal to investors once IDFC agreement is clear: Shriram Group

    Will take merger proposal to investors once IDFC agreement is clear: Shriram Group

    Discussions between RBI officials and company members have taken place but cannot say that there has been assurance from RBI with respect to the IDFC merger, said R Thyagarajan, Chairman, Shriram Group.

  • IDFC-Shriram group merger a win-win situation for IDFC Bank: Vinod Rai

    IDFC-Shriram group merger a win-win situation for IDFC Bank: Vinod Rai

    IDFC Ltd is the parent company of IDFC Bank and is the one which is going to drive IDFC-Shriram merger forward. In an interview to CNBC-TV18, Vinod Rai, Non-Executive Chairman of IDFC spoke about the same.

  • IDFC-Shriram merger: Top management speaks about the deal

    IDFC-Shriram merger: Top management speaks about the deal

    In an interview to CNBC-TV18's Nisha Poddar, R Thyagarajan, Founder Chairman of Shriram Group, Rajiv Lall, Founder MD & CEO of IDFC Bank and Ajay Piramal, Chairman of Shriram Capital spoke at length about the merger.

  • NSE will play key role in funding India's growth: Vikram Limaye

    NSE will play key role in funding India's growth: Vikram Limaye

    IDFC chief Vikram Limaye was on Wednesday appointed as the Chief Executive and Managing Director of the National Stock Exchange. Listing out his priorities once his appointment get SEBI nod, Limaye said NSE IPO will figure in his near-term priorities.

  • Will target investments in energy, petro-chem, hydro power: RDIF

    Will target investments in energy, petro-chem, hydro power: RDIF

    NIIF-RDIF will invest in 20 projects in the next 3-4 years, says Kirill Dmitriev, Chief Executive Officer of RDIF on the sidelines of the Brics summit event in Goa. The NIIF-RDIF joint fund worth USD 1 billion will lead to USD 10 billion worth of investments in India.

  • IDFC may gain from collapsing holding co structure: Investec Cap

    IDFC may gain from collapsing holding co structure: Investec Cap

    Nidesh Jain of Investec Capital Services spoke about the reverse merger among other things. He said Bajaj Finance & Bajaj Finserv are big beneficiaries among NBFCs.

  • Bharat Fin not eyeing a banking licence now: PH Ravikumar

    Bharat Fin not eyeing a banking licence now: PH Ravikumar

    In addition to Bharat Financial's Non-executive Chairman, Digant Haria of Antique Broking also spoke and he said the size of the company will matter when an NBFC wants to become a bank.

  • Can sustain 27-30% credit growth over next few years: Yes Bank

    Can sustain 27-30% credit growth over next few years: Yes Bank

    Speaking to CNBC-TV18 after Yes Bank reported its quarterly earnings, MD and CEO Rana Kapoor says sectors like agri, renewable energy and small and medium enterprises (SME) are witnessing good credit growth.

  • All subsidiaries have high growth potential: IDFC‘s Limaye

    All subsidiaries have high growth potential: IDFC‘s Limaye

    Vikram Limaye, MD & CEO of IDFC is bullish on IDF being able to finance all infra projects in the country and says it has a potential of becoming a large NBFC.

  • See Nov IIP at 2%; FY16 GDP growth likely to be 7.3-7.4%: IDFC

    See Nov IIP at 2%; FY16 GDP growth likely to be 7.3-7.4%: IDFC

    Indranil Pan estimates GDP growth for this fiscal at close to 7.3-7.4 percent and says the growth momentum for FY17 could face challenges unless corporate balance sheets imporve and global growth picks up

  • Looking to grow loan book 25%, focus on non-infra: IDFC CFO

    Looking to grow loan book 25%, focus on non-infra: IDFC CFO

    IDFC had to make a provision of Rs 2500 crore and reverse Rs 139 crore of interest income, towards stressed assets during the September quarter. Kakar says the provisions were not mandated by regulations, but were made as a prudent measure.

  • India should use global turmoil to attract flows: IDFC

    India should use global turmoil to attract flows: IDFC

    IDFC's MD & CEO Vikram Limaye says India should make use of the current turmoil in the global markets to attract more flows.

  • Loan repayment helped Q1; 3 new projects to aid Q2: Gammon

    Loan repayment helped Q1; 3 new projects to aid Q2: Gammon

    Speaking to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure says the company benefited from fall in interest costs due to repayment of IDFC loan.

  • May have provisions of Rs 2500 cr in Q2: IDFC

    May have provisions of Rs 2500 cr in Q2: IDFC

    The reason why we are creating incremental Rs 2,500 crore provision is because as we transition to a bank, we want to make sure that the bank‘s balance sheet is completely protected against known risks, said Vikram Limaye, MD & CEO, IDFC.

  • IDFC Bk to start ops with few branches by Oct 1: Rajiv Lall

    IDFC Bk to start ops with few branches by Oct 1: Rajiv Lall

    Finance company IDFC‘s shareholders have approved the demerger of its financial undertaking into IDFC Bank. With this approval most of IDFC to IDFC Bank conversion process will be completed.

  • Sembcorp to buy 60% stake in IDFC's PE arm Green Infra

    Sembcorp to buy 60% stake in IDFC's PE arm Green Infra

    In an interview to CNBC-TV18, Girish Nadkarni, Partner, IDFC Alternatives, said there has been a pick up in private equity investments in the past 6 months with a push for renewable sector in the last 8-9 months. He expects lower capital costs, interest rates to help pick-up in activity.

  • Have to ensure book size is regulatory-compliant: IDFC

    Have to ensure book size is regulatory-compliant: IDFC

    Vikram Limaye of IDFC says it just has to make sure that its balance sheet transition in terms of size of balance sheet that it has when it becomes a bank is also managed in a way that it is regulatory compliant.

  • IDFC gets RBI nod to exempt 30% of loan book from SLR/CRR

    IDFC gets RBI nod to exempt 30% of loan book from SLR/CRR

    Suruchi Jain of Morningstar is not surprised and says all banks should be subjected to the same rules. Hence, the exemption is 30 percent of the eligible loans for the first year, which is the same for all the banks, the following years it will be taken up to 50 percent and 60 percent of loans.

  • No real pick-up seen in investment cycle: IDFC

    No real pick-up seen in investment cycle: IDFC

    Vikram Limaye said most institutions and banks have a good handle on the “problem assets” and that there has been no new increase in them.

  • Expect all approvals for bank ops in place by Sep '15: IDFC

    Expect all approvals for bank ops in place by Sep '15: IDFC

    Discussing the results, Vikram Limaye, MD & CEO of IDFC, said they will continue to build provisions till the bank starts operation.

  • FY15 growth will depend on poll outcome: IDFC's Limaye

    FY15 growth will depend on poll outcome: IDFC's Limaye

    IDFC's third quarter consolidated profit grew by 10 percent to Rs 500.68 crore.

  • Don't see infra spending picking up until mid-2015: IDFC

    Don't see infra spending picking up until mid-2015: IDFC

    Speaking to CNBC-TV18, Vikram Limaye, managing director and chief executive officer, IDFC, says though the government has taken some steps in the right direction, it will take atleast 18 months before investments pick up in new projects.

  • India missed the bus; need firm leadership: Vikram Limaye

    India missed the bus; need firm leadership: Vikram Limaye

    "We could have actually attracted all the capital that we needed to build out the country, whether it is from an infrastructure perspective, whether it is from a manufacturing perspective. We could have been in a completely different zone today," he told CNBC-TV18.

  • Slow project pipepline to keep growth flat for FY14: IDFC

    Slow project pipepline to keep growth flat for FY14: IDFC

    the company is doing its best to grow in a prudent way by focusing on low-risk ways of growing, which could be operating assets or financing high quality corporates, says Vikram Limaye, MD & CEO, IDFC.

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