M&A M&A
IndusInd emerges as top contender to buy out IDFC MF
Source Mint (opens in a new tab)
The Hinduja family-led IndusInd Bank Ltd has emerged as one of the top contenders to buy out IDFC Asset Management Co. Ltd, which manages assets worth around INR 1.3 trillion.
IDFC's MF business is among the top 10 asset management companies in India.