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 First Bank's deposit franchise has recorded a four-year compound annual growth rate of 36 percent since the merger. On July 3, the board of directors of IDFC First Bank and IDFC Ltd approved a ...
IDFC First Bank share price declined more than 2% on Friday ahead of the Q4 results. IDFC First Bank shares plunged as much as 2.88% to ₹65.68 apiece on the BSE. Private sector lender IDFC First Bank ...
July 3 (Reuters) - IDFC First Bank said on Monday its board had given the green light for a merger with IDFC Ltd, just days after the landmark $40 billion merger between Housing Development Finance ...
NEW DELHI: Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT) ...
IDFC First Bank merger not to dent stock's MSCI inclusion prospects; $170-180 million inflows likely
IDFC First Bank stays a top probable contender for MSCI August 2023 Standard Index inclusion and that its merger announcement with IDFC should not dent its inclusion prospects, said Nuvama ...
Post the amalgamation, there will be a simplified corporate structure at the Bank with no holding company, it said. IDFC First Bank on Friday announced the completion of merger of IDFC Limited with ...
Private equity firm Warburg Pincus and Abu Dhabi Investment Authority, a sovereign wealth fund of the Gulf emirate, will invest a total of Rs 7,500 crore (about $877 million in IDFC First Bank, the ...
Private sector bank IDFC First Bank on Saturday reported a net profit of Rs 751 crore in the second quarter of this fiscal, which was 35 per cent more than Rs 556 crore reported a year ago. On a ...
IDFC FIRST Bank is confident of clocking a much stronger profit growth over the next five years on the back of a good show in its core operating performance, its MD & CEO V Vaidyanathan has said.
BENGALURU/MUMBAI, July 4 (Reuters) - Shares of private lender IDFC First Bank (IDFB.NS), opens new tab fell as much as 6% on Tuesday, while those of IDFC rose 6% to record highs after the companies ...
(Reuters) -IDFC First Bank said on Monday its board had given the green light for a merger with IDFC Ltd, just days after the landmark $40 billion merger between Housing Development Finance Corp and ...
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