...........“As a bank, we will be the best capitalised bank of any start-ups in the history of Indian financial services sector. We expect to start the banking operations with a capital of Rs.12,000 crore. Out of our (IDFC) total net worth of Rs 17,000 crore, Rs.5,000 crore will remain with the parent and the rest will be allocated to the banking entity. In this, we will have allocated or set aside enough to protect us from the worse case possibility in terms of stressed assets,”........
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