Created before Nov 2016
Last update: 2018-10-25 10:47:14
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The Infrastructure Development Finance Company (IDFC) is an Indian financial services organisation, mainly providing infrastructure finance, but also asset management, investment banking and brokerage. IDFC was formed in 1997 in Chennai, and went public 2005. In April 2014, the Reserve Bank of India granted an in-principle approval to IDFC Limited to set up a new bank in the private sector, IDFC Bank. All the lending business of IDFC Limited has been demerged and transferred to IDFC Bank.
IDFC is acting as a Financial Intermediary for IFC, managing the IFC-supported India Infrastructure Fund (IIF). The IIF is based in Mumbai and makes equity investments in energy and utilities, transport infrastructure, telecommunications, and other infrastructure solely in India.
Naman Chambers, C-32
400 051 Mumbai
Sunil Kakar |
|Annual report||Annual report 2017-2018|
listed on Bombay Stock Exchange & National Stock Exchange of India
IDFC's corporate structure can be viewed here.
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Voluntary initiativesIDFC has committed itself to the following voluntary standards:
IDFC's webpage on corporate social responsibility can be accessed here.
IDFC and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. IDFC adopted the Equator Principles in 2013.
Reporting on the Equator Principles
IDFC must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- IDFC is not in compliance with its reporting obligations. The link provided does not link to the required information
Implementation and reporting
IDFC is reporting on the implementation here.