Page 2 - Idfc Bank

IDFC First Bank to boost capital by Rs 2,000 cr through preferential issue

Capital infusion to be supported by IDFC limited, ICICI Prudential Life, HDFC Life, Warburg Pincus and Bajaj Allianz

BlackBuck partners IDFC Bank, YES Bank to offer free FASTags to truckers

From December 1, 2019 all lanes of free plazas on national highways will be 'FASTag lanes'

HC relief for SBI, other lenders in debt recovery from crisis-hit DHFL

The lenders, led by State Bank of India, Bank of Baroda and IDFC had moved the high court seeking a relief from an earlier order that restrained DHFL from making any payments to creditors

IDFC First Bank stock loses favour, splits opinion among brokerages

Valuation of 1.2 times its FY20 book said to be high, but investors willing to take risks may consider the stock

IDFC Bank to be renamed as IDFC First Bank after merging with Capital First

The Board of Directors of IDFC Bank at its meeting Wednesday decided to seek approval of the Reserve Bank of India to rename the bank

IDFC Bank in red for 1st time since market debut, posts Rs 3.7-bn net loss

Total income was at Rs 24.53 billion for the quarter, up from Rs 23.65 billion in the same period of preceding fiscal

IDFC Bank Q4 profit falls 76% to Rs 419 mn as bad loan provisions surge

Provisions and contingencies surged to Rs 2.42 billion in the quarter, from Rs 48 million in the year-earlier quarter

Capital First gets NHB nod for merger with IDFC Bank

The amalgamation is subject to the receipt of approval from the Reserve Bank of India and other statutory and regulatory approvals

IDFC Bank to merge with Capital First, Vaidyanathan to succeed Lall

IDFC Bank will be issuing 139 shares for every 10 shares of Capital First, the bank said in a statement. The merger is subject to regulatory and shareholder approvals.

Look at larger picture to create value: Vaidyanathan, CEO of Capital First

In the last five-six years, at Capital First, we have developed some really fantastic capabilities for small entrepreneurs in every nook and corner of the country: Vaidyanathan

IDFC Bank is getting a person who understands retail: CEO Rajiv Lall

The merger with Capital First will drive home three years of growth at one go to IDFC Bank: Rajiv Lall

IDFC Bank busy battling bad loans; reaching scale still a long journey

The bank had a slow start in mobilising retail franchisee

IDFC Bank partners with MobiKwik to launch virtual in-app prepaid card

The co-branded card is set to be launched in early December

IDFC Bank is betting on expanding its retail presence

How will IDFC Bank now take care of its impaired balance sheet and grow at the same time?

IDFC Bank aims to triple branches, increase POS by 100% in 36 months

The bank is unlikely to wait for the merger with Shriram Group to follow through with plans

IDFC Bank to speed up lending, aims to achieve goal of mass retail banking

IDFC Bank, which concluded first full year of operations in FY2017, said that its vision is to become a mass retail bank in 5 years. To support this growth, the Bank plans to to accelerate the pace of retail lending and retail liability acquisition. The Bank plans to double the share of its retail book, systematically bring down the proportion of the corporate funded book, and further reduce exposure to infrastructure over the next two to three years. The Bank has commenced its banking operations w.e.f. October 01, 2015. The Annual General Meeting of bank shareholders is slated for July 28, 2017 Chennai. In a letter to the shareholders, Rajiv B. Lall, Founder Managing Director & CEO of IDFC Bank said that un the past year, the Bank has made significant progress on its objective to transform into a mass retail bank. He said, partnerships and alliances will play a critical role in this journey. Delivering banking products and solutions across networks owned by business ...

Sebi settles case with IDFC bank for Rs 10.74 lakh

IDFC Bank allegedly made delayed disclosure under PIT Regulations

IDFC Bank sells loan accounts worth Rs 2,070 crore to ARC

The gross NPAs and net NPAs of IDFC Bank were at Rs 1,542 crore and Rs 576 crore

IDFC Bank plans to double retail book

Claims to have mobilised Rs 400 crore through digital banking

IDFC Bank net rises 6.6% in Q4

Acquisitions in microfinance space on cards