Sumary of IDFC’s investors are losing their patience as shares go nowhere:
- View Full ImageNo respite “For every two shares of IDFC, we hold one share of the bank.
- During the informal call, chairman Vinod Rai explained that simplifying IDFC’s complex structure was one reason why value unlocking is taking time.
- Rai explained that most of the hindrances are now resolved or are on the verge of being resolved.
- Banking regulation requires promoters to hold a minimum of 40% in a bank for the first five years.