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NewsIDFC's non-distributable reserves

IDFC's non-distributable reserves News

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IDFC
19 Sep 2015
IDFC gets RBI nod for using Rs 2,500 crore reserve as provision
Infrastructure finance firm IDFC on Saturday said it has got regulatory approval to utilise Rs 2,500 crore non-distributable reserves for provisions against bad loans as part of exercise to clean its book before venturing into universal banking.






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