Also Read: Yes Bank, IDFC First Bank seek to revive corporate lending Post the amalgamation, there will be a simplified corporate structure at the Bank with no holding company, it said.

IDFC Ltd and IDFC First Bank, simplifying their corporate structure and easing regulatory compliance. The deal is subjected to obtaining approvals from key regulatory bodies including India's ...

IDFC First Bank, established through the merger of IDFC Bank and Capital First in 2018, is a full-service commercial bank ...

“The merger will lead to simplification of the corporate structure of IDFC FHCL, IDFC Ltd. and IDFC First Bank by consolidating them into a single entity and will help streamline the regulatory ...

Earlier bank, in a filing to the stock exchanges, said the merger will lead to the simplification of the corporate structure of IDFC Financial Holding Company, IDFC Ltd and IDFC First Bank by ...

Japan's SMBC to take 20% stake in India's Yes Bank Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has signed a definitive agreement to take a 20% stake in Indian private lender Yes ...

IDFC First Bank's net interest income (NII), which is the difference between interest earned and interest expended, grew by 26% to ₹2,751 crore in Q1FY23 whereas the net interest margin (NIM ...

The Boards of IDFC First Bank Ltd and IDFC Limited on Monday approved their merger with each other. The share exchange ratio for the amalgamation of IDFC Limited with IDFC First Bank shall be 155 ...

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 ...

New Delhi: IDFC FIRST Bank, in its Board meeting held today, announced the completion of merger of IDFC Limited with IDFC FIRST Bank, following the receipt of all requisite shareholder and ...