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The board of directors of the private lender has fixed 11 July 2025 as record date for finalising the list of eligible ...
IDFC First Bank shares will be under radar during today's session after leading brokerage UBS initiated coverage on the ...
The Reserve Bank of India in 2021 allowed IDFC to exit IDFC First Bank as a five-year share lock-in period ended in 2020, paving way for the reverse merger.
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 ...
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.
Q3 results highlights 25th January 2025: The third-quarter results today came with major announcements from ICICI Bank, IDFC FIRST Bank, Yes Bank, JK Cement, NTPC Green Energy, and Orient Bell.
IDFC FIRST Bank, announced its three-year partnership with Mumbai Indians today. Beginning this season, IDFC FIRST Bank will be the Official Banking Partner and marks IDFC FIRST Bank’s debut in ...
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 reverse merger scheme, an IDFC shareholder will get 155 shares for every 100 shares she/he holds in the bank. Both stocks have a face value of Rs 10 each.
IDFC First Bank dropped nearly 5 percent in the early trade on profit-booking on October 30 after reporting strong profit growth in the September quarter of the current financial year.
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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 ...