Would you be better off buying IDFC Limited rather than IDFC Bank? Dipan Mehta answers
“There is definitely an arbitrage opportunity in IDFC and IDFC First and if you want to get into IDFC First Bank, buying shares of IDFC may give 4-5% price advantage because I also feel that the ratio will be slightly in favour of IDFC shareholders rather than IDFC First. It is a marginal benefit and both these companies are going to be under one entity, one listing and you could buy either of them.”
