The board of Infrastructure Development Finance Company (IDFC) in its meeting on 27 April 2010 has approved to raise Tier 1 / Tier 2 capital up to Rs. 3500 crore. This is expected to be raised through issue of appropriate equity or quasi-equity instruments, subject to the approval of the shareholders and all regulatory authorities.
Source :www.biginfotech.in
Source :www.biginfotech.in
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