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Mahendra N. Shah is appointed managing director by IDFC.

Mahendra N. Shah has been appointed managing director (MD) of IDFC Limited, beginning October 1, 2022, for a period of one year until September 30, 2023, the IDFC has said. It is subject to the approval of the shareholders of the Company and other applicable statutory/ regulatory approvals, IDFC Limited said. He will replace Sunil Kakar, Managing Director, and CEO of the Company whose tenure…