IDFC Bank Buys 5% in IIFL Hold­ings

The Economic Times - - Finance & Commodities -

Pri­vate lender IDFC Bank picked up a 5% stake in fi­nan­cial ser­vices ma­jor IIFL Hold­ings for over .₹ 502 crore through an open mar­ket trans­ac­tion. The shares were off­loaded by Copthall Mau­ri­tius In­vest­ment Ltd. The shares were pur­chased on an av­er­age price of .₹ 317.

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