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Shares of IDFC Bank which were demerged from IDFC, will be listed on Friday. Shareholders of IDFC, whose names appeared in its books on October 5, have been given an equal number of shares in IDFC Bank as held in IDFC. On October 1, IDFC had transferred all assets and liabilities of its lending business to IDFC Bank and simultaneously launched the bank. Shares of IDFC will also react, since post-demerger it holds 53 per cent in IDFC Bank.
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