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Business Summary

IDFC was incorporated on January 30, 1997 in Chennai, IDFC was set up on the recommendations of the 'Expert Group on Commercialisation of Infrastructure Projects' under the Chairmanship of Dr. Rakesh Mohan. The Group in 'The India Infrastructure Report' recommended a new approach and identified the need for a specialised financial intermediary for infrastructure.

The announcement of IDFC's creation in the Union Finance Minister's budget speech, constitution of 'the Reddy Working Group' and strong capitalisation of IDFC reflect the crucial role that the institution is envisaged to play in infrastructure development. IDFC, as on March 31, 2005 on a cumulative basis, has approved financial assistance to 198 projects aggregating over Rs. 2,45,936 million.

IDFC has also broadened its initial focus on power, roads, ports and telecommunications to a framework of energy, telecommunications & information technology, integrated transportation, urban infrastructure,health care, food & agri-business infrastructure, Education Infrastructure and Tourism.

In its sectors of engagement, IDFC has been awarded lead arranger mandates and key advisory assignments. Key initiatives in keeping with IDFC's policy advisory mandate of providing leadership in rationalising policy and regulatory frameworks, and removing impediments to the movement of capital to infrastructure sectors, have been undertaken.

Company Websitehttp://www.idfc.com
Phone+91-44-28559448
Contact Address Details
Registered Office KRM Tower, 8th Floor, No. 1, Harrington Road,
Chetpet,
Chennai 600031
Phone: +91-44-45644000
Fax : +91-44-45644022
Contact Us Naman Chambers, C-32, G-Block, Bandra-Kurla Complex,
Bandra (East),
Mumbai 400051
Phone: +91-22-42222000
Fax : +91-22-26540354
Contact Us The Capital Court, 2nd Floor, Olof Palme Marg,
Munirka,
New Delhi 110067
Phone: +91-11-43311000
Fax : +91-11-26713359
Contact Us No.9/7, 2nd Floor, K.C.N. Bhavan, Yamunabai Road, Madhav Nagar Extn.,
Off : Race Course Road,
Bangalore 560001
Phone: +91-80-43448000
Fax : +91-80-43448001

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