From the merger announcement Press Release extract:
Read the full release here
Merger – IDFC Ltd. and IDFC First Bank
- Can you please provide the source please?
Here’s Guidance 2
No mention that there will be no capital raises.
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If you quote him from the latest conference call, can you please point to when he said that? It wasn’t in the opening remarks, nor did I see it in the google generated transcript of the call.
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If you are generating equity only at the rate of 11% but have an ambition to grow at 20 – 22%, where will the additional equity capital come from?
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