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IDFC First Bank share price declined slightly in the morning trades on Wednesday after having risen for 3 straight sessions .
Shares of IDFC First Bank Ltd. gained as much as 5.5% on Tuesday, July 1, after brokerage firm Investec upgraded its rating on the Mumbai-based private lender and increased its price target by nearly ...
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's standalone book value would increase by 4.9% as a result of the deal, the lender said. IDFC First Bank had a loan book of 1.61 trillion rupees and a balance sheet size of 2.4 ...
IDFC First Bank completed its merger with IDFC Limited, effective October 1, 2024, following necessary approvals. Shareholders will receive 155 bank shares for every 100 IDFC shares.
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 ...
Private lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to SpiceJet Ltd in the high-risk category, the latest setback for the airline, people with knowledge ...
IDFC First Bank joins ONDC ONDC, a Section 8 company, has been set up to democratize e-commerce and will transition e-commerce from a platform centric model to an open network model, ...
IDFC First Bank reports 58% drop in Q4 FY25 profit to Rs 304 crore, impacted by rising bad loans in microfinance. While net interest income grew 10% YoY, NIM narrowed. Customer deposits rose 25.2% ...
Why IDFC FIRST Bank FIRST WOW! Credit Card is the best secured credit card A secured credit card is a financial tool that bridges the gap for individuals who might have a limited credit history ...
IDFC First Bank said its proposed deal would boost the bank's standalone book value by 4.9% as of March 31, 2023 and aims to increase its balance sheet by 20-25% per year in the near to medium term.
IDFC FIRST Bank confident of strong profit growth in next 5 yrs; deposits growing 44%, loan book 25%. Bank to focus on maintaining high asset quality, growing loan book, deposits & other businesses.