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.

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 ...

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, ...

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 ...

V Vaidyanathan, MD & CEO, IDFC First Bank, said: "With this merger, we are very happy to welcome all the shareholders of IDFC Limited to become direct shareholders of IDFC FIRST Bank.