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IDFC along with subsidiaries enters into agreement with NIIF II

IDFC and its subsidiaries — IDFC Financial Holding Company (IDFC FHCL) and IDFC Infrastructure Finance (IDFC IFL) — have entered into a definitive agreement with National Investment and Infrastructure Fund II (NIIF II).

Pursuant to the said Agreement, NIIF II shall acquire controlling interest in IDFC IFL from IDFC FHCL.

IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.