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BRIEF-India's IDFC Bank says actively looking at several inorganic options
April 25, 2017 / 2:16 PM / 8 months ago

BRIEF-India's IDFC Bank says actively looking at several inorganic options

April 25 (Reuters) - India’s IDFC Bank

* Exec says actively looking at several inorganic options

* Exec says sold 14 bad loan accounts for a net 20 billion rupees to asset reconstruction companies in Q4

* Exec says gross value of bad loans sold to ARCs in Q4 about 40 billion rupees

* Exec says telecom sector loan exposure is to strongest companies in industry

* Exec says aims to take retail loans share to 50 pct in 36 months from 25 pct currently NOTE: IDFC Bank CEO Rajiv Lall and Group CFO Sunil Kakar were speaking to reporters on a conference call after Q4 results Further company coverage: (Reporting by Devidutta Tripathy)

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