The Reserve Bank of India has given its approval to Currant Sea Investments B.V., a unit of Warburg Pincus, to acquire up to ...

The board of directors of the private lender has fixed 11 July 2025 as record date for finalising the list of eligible ...

According to Sugandha Sachdeva, Founder of SS WealthStreet, IDFC First Bank had been under sustained time-wise and price-wise correction since September 2023, after testing a high of ₹100.70 mark.

IDFC First Bank's standalone book value would increase by 4.9% as a result of the deal, the lender said. IDFC First Bank had a loan book of 1.61 trillion rupees and a balance sheet size of 2.4 ...

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

IDFC Ltd currently owns 100% in IDFC Financial Holding Company, which in turn holds 100% in IDFC Asset Management and 36.6% in IDFC First Bank.

Lall says the bank has been picking up 25,000 customers a month. The proof of whether IDFC can live up to its own Banking Nibhao tagline will be if it achieves its stated goal of one and a half ...

As of June 30, 2023, IDFC Limited through its non-financial holding company has 39.93% shareholding of IDFC First Bank. IDFC First Bank claims 4-year CAGR of 36% since the merger to reach Rs 1 ...

IDFC First Bank is looking to raise ₹20 billion ($243.84 million) in equity capital in the second half of the current financial year, a source familiar with the matter said.

IDFC, through its non-financial holding company, holds a 39.93 percent stake in IDFC First Bank. After the merger, the book value per share of the bank will increase by 4.9 percent, as calculated ...

Shares of IDFC rose 6% to close at 109.1 on the stock exchange on Monday, while IDFC First Bank was up 3.2% at 81.94 ahead of the announcement.

India Business News: NEW DELHI: Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lend.