Team Bandhan leads race to buy IDFC Mutual Fund - Economic Times


4/5/2022 12:00:00 AM3 yearsago
by Atmadip Ray and Saikat Das

The acquisition, if completed, will expand Bandhan Group's presence in the financial services sector. It will be the second big purchase by the group.

A consortium led by Bandhan Financial Holdings, the promoter of Bandhan Bank, is said to be in the pole position to win the bid for IDFC's mutual fund business in a deal valued at about 4,500 crore, … [+1851 chars]

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