India: Exclusivity period for IDFC-Shriram merger talks unlikely to be extended

India: Exclusivity period for IDFC-Shriram merger talks unlikely to be extended

IDFC Bank chief Rajiv Lall. Photo: Aniruddha Chowdhury/Mint

IDFC Ltd and the Shriram Group are unlikely to extend the exclusive negotiation period for their proposed merger which is ending on 8 November, said two people aware of the development.

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