 "IDFC Bank MD and CEO Rajiv Lall along with Chairman; Shriram Capital Ajay Piramal and an industrialist and founder of Shriram Group R Thyagarajan during the announcement of IDFC and Shriram Group merger in Mumbai on Saturday. Photo: Kamlesh Pednekar")
According to RAJIV LALL, managing director of IDFC Bank, the merger proposal between Shriram Capital and IDFC Group comes from a very strong gut feeling that the relationship would work, no matter the complexities involved in a three-layered deal. Edited excerpts of an interview by Anup Roy:
You are growing very fast. You became a bank only in 2015. Why such a hurry?
The reality is that we started with a very large balance sheet and we started with listing. So, then, the constraints under which you have to devise a strategy are different than those of a start-up bank.
