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On Tuesday, JPMorgan analyst Saurabh Kumar upgraded IDFC First ... by the bank was noted as a positive development, eliminating a previous concern and potentially aiding a 20% loan growth over ...
Despite robust growth in deposits and loans, IDFC First Bank Ltd faces profitability challenges due to significant provisions in the microfinance and infrastructure sectors.
Since the merger, IDFC First ... bank's strategic initiatives aimed at building a sustainable and profitable institution. "We have successfully navigated legacy infrastructure and corporate loans ...
IDFC Bank in collaboration with IndiaLends launched a differentiated personal loan solution for first-time borrowers. IndiaLends is a financial technology start-up founded by ex-Capital one ...
Fair trade regulator CCI on Tuesday cleared private equity major Warburg Pincus' proposal to acquire a 10 per cent stake in private sector lender IDFC First Bank ...
While banks have begun to reduce loan rates ... the central bank have led to average system liquidity turning positive in the last couple of months. According to a report by IDFC First Bank ...
The Competition Commission of India (CCI) on Tuesday approved the proposed acquisition of up to 9.99 per cent of the paid-up share capital of IDFC First Bank by Current Sea Investments BV.
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer ...
The uniform rate cuts aim to protect the bank’s profit margins. Approximately 45 per cent of SBI’s Rs 36 lakh crore loan portfolio is tied to the ... Private sector banks like HDFC, ICICI, IDFC First ...
IDFC First Bank share price traded higher on Wednesday after the private lender announced that Currant Sea Investments B.V. received Competition Commission of India (CCI) approval for stake ...
IDFC FIRST Bank has raised Rs 7,500 crore ($900 million) from Warburg Pincus and Abu Dhabi Investment Authority's private equity arm, one of the largest private equity investments in an Indian bank.
First Financial Bancorp (“First Financial”) has agreed to acquire Westfield Bancorp, which has $2.2 billion in assets, the ...