IDFC Bank to expand reach with acquisition of Grama Vidiyal Micro Finance

Acquisition offers access to 1.2 million households; adds 319 points of presence across seven states Ties in with plans to build a mass retail bank Mumbai, July 12, 2016: IDFC Bank www.idfcbank.com , today signed a share purchase agreement to acquire 100% of Grama Vidiyal Micro Finance Ltd www.gvmfl.com, one of the largest …