The proposed issue price is at a premium of 4.51% to the last closing of ₹77.15, prior to the board meeting. The proposed allottees include Life Insurance Corporation of India, HDFC Life Insurance, ...

V. Vaidyanathan, the managing director and chief executive of IDFC First Bank Ltd, and his team have outdone themselves. For the previous 22 quarters, the bank has staged a turnaround that is nothing ...

IDFC Limited, erstwhile, Infrastructure Development Finance Company Limited is a financial conglomerate and is registered with Reserve Bank of India as an NBFC. It is a Holding Company mainly holding ...

In a candid interview with businessline, Anil Singhvi, Chairman, IDFC Limited, discusses the ongoing merger of IDFC Limited with IDFC First Bank. Once the merged entity is effective, the bank is free ...

IDFC First Bank: The bank said the board members have approved the amalgamation of IDFC with the bank. The share exchange ratio for the amalgamation will be 155 equity shares of IDFC First Bank for ...

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July.

The share price of the private lender IDFC First Bank continues to be in the spotlight after a sharp fall earlier this week following the disclosure of a suspected fraud at one of its branches. Though ...

IDFC First Bank has built a retail-focused banking franchise through simplified savings accounts, transparent fees, monthly interest payouts and a customer-first approach.

IDFC Bank was given a licence by the RBI along with Bandhan Bank in 2014. In 2018, IDFC Bank and Capital First announced the completion of the merger to become IDFC First Bank. IDFC First Bank shares ...