15-20% growth in FY13 can be achieved: IDFC
Vikram Limaye, deputy MD of IDFC, says that while the company’s road portfolio is in decent shape, lenders have been cautious while lending to infra projects. Limaye says most infra players have a stretched balance sheet and will need to bring in equity. IDFC maintains that a 15-20 per cent growth target for FY13 is achievable.
