IDFC plans to hire 1500 personnel for banking

As it readies to convert itself into a full-fledged bank, IDFC has said it will be hiring around 1,500 professionals in the run-up to the launch. "At present we are 600 at the group level and are looking at hiring 1500 more before launching our banking operations," the infra lender's group chief financial officer Sunil Kakar said over the weekend. He said a bulk of the hiring will happen in the next fiscal, as the company approaches the October 1 deadline it has set for itself to launch the bank.

Read the Economic Times news report here.