IDFC

Annual Reports

Message from the Chairman: Annual Report 2014-15

During FY15, the macroeconomic scenario showed signs of improvement helped by the fall in global crude prices, a more manageable current account deficit and smaller fiscal deficit. With the pressure on inflation reducing, the space has opened up for further monetary policy easing albeit some uncertainty remains on account of the potential impact of the monsoon on food prices. After the 2014 Lok Sabha elections resulted in a clear majority for the new Government, there has been considerable optimism that the bottlenecks affecting the infrastructure sector in particular will be cleared and we will see a more sustained revival of the growth cycle.

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2014-15 Annual Report
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2014 - 2015 IDFC- Subsidiary Annual Report

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