Much as the diffuseers on a Red Bull F1 engine, IDFC has been accumulating kinetic energy leading with Rinfra and GMR in growing FDI in Indian infrastructure plays. Now that it has been a consistent performer, IDFC would necessarily use the uptick in investment banking and asset management revenues to greater branding in the institutional circuits, esp for getting maximum pricing benefits in European borrowings.

As an infrastructure NBFC, it has much more advantages despite the 15% CAR requirement which for its 26% current par score is nary a problem. Even as Button and Webber continue the tournament conquest, IDFC can easily double its book of assets with a great infrastructure project pipeline in the country across aviation, toll highways, ports and power. PFC in fact has already established targets for lebnding more than it could in its incipient charter in the last 5 years. FIIs are discerning investors and as accumulation in key infra plays and midcap lifestyle plays continues in August, the Indian dream is slowly plodding its path to glory, waiting for some quick additions to the larger infrastructure portfolio of the nation in India and internationally thru Reliance, Adani Enterprises and others.

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