The key details of the merger include the appointed date of 30 September 2024, for the merger of IDFC Financial Holding Company (IDFC FHCL) into IDFC IDFC has announced the approval of its ...

The Board of Directors of IDFC and IDFC Financial Holding approved merger between both the entities and announced a share exchange ratio of 155 shares of IDFC FIRST Bank for every 100 shares held in ...

Shares of IDFC First Bank rose on Wednesday after the private lender said its advances grew by 24.50 per cent on a year-on-year (YoY) basis and 6.70 per cent sequentially (quarter-on-quarter) in the ...

IDFC holds about 40% stake in IDFC First Bank through IDFC Financial Holding. IDFC is completely held by the public. The private-sector lender proposes to complete the merger by this year. This will ...

Shares of IDFC, however, erased all gains soon and traded 0.14 per cent lower at ₹108.95 around 9:45 am while shares of IDFC First Bank were down 5.09 per cent at ₹77.77. As Mint reported earlier, the ...

IDFC-IDFC First Bank Merger: Shares of IDFC First Bank Limited, private lender, will remain in focus next week because of the record date of the merger proposal. In its meeting held last month on ...

Shares of IDFC First Bank plunged nearly 6 per cent in Tuesday's trade while those of IDFC Limited gained over 6 per cent following the announcement of swap ratio for the proposed merger between the ...

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 ...

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 ...

IDFC First Bank Q3 results: V Vaidyanathan, MD and CEO of IDFC First Bank said that the bank continues to grow well on loans and deposits. The bank reported a net profit of ₹339 crore, down 53 per ...

“This is with reference to the news article in economic times‐ Mumbai on November 16, 2022 captioned “IDFC Merger may be Delayed on Fair Value Issue…..The above mentioned article is baseless, false ...

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 ...