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IDFC First Bank shares fell 5.4% after Q3FY25 results showed a 53% drop in net profit to ₹339.4 crore, missing expectations. Increased operating expenses and provisions, alongside high credit ...
IDFC First Bank shares fell 4.1% after it approved raising Rs 7,500 crore via preferential issue to Warburg Pincus and ADIA affiliates. Despite microfinance headwinds in FY25, the bank highlighted ...
The Reserve Bank of India in 2021 allowed IDFC to exit IDFC First Bank as a five-year share lock-in period ended in 2020, paving way for the reverse merger.
SUMMARY IDFC FIRST Bank’s chief executive officer and managing director V Vaidyanathan has urged startup founders to have adequate capital in an “uncertain world Speaking at the second edition ...
Shares of IDFC First Bank fell as much as 8% on Monday to their lowest in 21 months after the private lender said its third-quarter profit more than halved, hurt by delinquencies in microfinance ...