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 First Bank has underperformed NIFTY 500 over five years despite 14x retail deposit growth, a 47% CASA ratio, and shrinking infrastructure finance. Profitability challenges hold back its true ...

IDFC First Bank to cut fixed deposit and savings account interest rates soon, aligning with larger banks. Despite rate cuts, the bank targets 20% loan growth and 22–23% deposit growth in FY26 ...

Under the proposed merger, shareholders of IDFC will get 155 shares of IDFC First Bank for every 100 shares held in the former. "The share exchange ratio for the amalgamation of IDFC Limited with ...

Shares of private lender IDFC First Bank fell as much as 6% on Tuesday, while those of IDFC rose 6% to record highs after the companies approved a reverse merger aimed at simplifying their ...

The new IDFC bank logo does not have a separate symbol; rather the logo is the symbol. The palette is bright, warm and un-bank-like, with violet, yellow, ...

IDFC First Bank Ltd has approved a plan to raise 75 billion rupees ($877 million) from Warburg Pincus LLC and Abu Dhabi Investment Authority.. The US based private equity firm will invest $570 ...

IDFC First Bank Personal Loan Top Up Borrowers can get a personal loan top up, enabling them to take out a loan in addition to their existing loan. This is only given to customers with a good ...

IDFC is the holding company which owns 53 stake stake in IDFC Bank. IDFC’s share of the bank is worth (USD1.8 billion) is 30 percent higher than its market cap (USD 1.3 billion).

Email sent to IDFC First Bank and UTI AMC remained unanswered till press time. IDFC Limited could not be reached for comments. With ₹1.25 lakh crore of assets under management as on December ...

Infrastructure lending company IDFC has got the final approval from the Reserve Bank of India (RBI) to start its banking operations in the country. "The Reserve Bank of India on July 23, 2015, has ...

The Board of Directors of IDFC First Bank Ltd. at its meeting held on Monday approved the Scheme of Amalgamation of IDFC Ltd. with IDFC First Bank with a share exchange ratio of 155 equity shares ...