Business Standard

Page 5 - Idfc First Bank

Here's why IDFC, IDFC First Bank shares jumped up to 5% on Wednesday

The Bank's profitability is expected to improve over the medium term as the bank establishes its retail franchise and the economies of scale help improve operational efficiency

Here's why IDFC, IDFC First Bank shares jumped up to 5% on Wednesday
Updated On : 12 Oct 2022 | 2:08 PM IST

IDFC First Bank's loans grow 24.8% YoY in Q2, deposits up 35.9% YoY

Retail business comprised 66.4 per cent of overall funded assets as of September 30, says private lender

IDFC First Bank's loans grow 24.8% YoY in Q2, deposits up 35.9% YoY
Updated On : 04 Oct 2022 | 4:48 PM IST

IDFC First Bank surges 10%, hits 52-week high post Q2 business update

Asset quality of the loans booked during last 1 year, on a like-to-like vintage comparison basis, is performing better than prior vintage periods, indicating improvement in asset quality going forward

IDFC First Bank surges 10%, hits 52-week high post Q2 business update
Updated On : 04 Oct 2022 | 1:15 PM IST

Indian rupee may sink to 82.50 against towering dollar, funding gap: IDFC

The Indian rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge and the country's balance of payment deficit, IDFC First Bank said in a research note

Indian rupee may sink to 82.50 against towering dollar, funding gap: IDFC
Updated On : 26 Sep 2022 | 12:01 PM IST

Depreciating rupee not likely to cause fiscal slippage, say experts

Petroleum, fertiliser imports to become expensive, subsidy bill set to rise

Depreciating rupee not likely to cause fiscal slippage, say experts
Updated On : 22 Sep 2022 | 10:42 PM IST

Resistance for Nifty seen at 17,725; Stocks to buy in September F&O series

Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.

Resistance for Nifty seen at 17,725; Stocks to buy in September F&O series
Updated On : 06 Sep 2022 | 6:14 PM IST

IDFC First Bank zooms 10% on reporting highest-ever profit

The bank's NII grew by 26 per cent YoY, and the asset quality also improved considerably.

IDFC First Bank zooms 10% on reporting highest-ever profit
Updated On : 01 Aug 2022 | 10:32 AM IST

Cost-income ratio will come down for IDFC First, says CEO Vaidyanathan

Lender sees growth in new gold loan business and it is scaling up wealth management unit, he says

Cost-income ratio will come down for IDFC First, says CEO Vaidyanathan
Updated On : 13 May 2022 | 12:51 AM IST

IDFC First Bank net profit at Rs 342 crore surges 168% in March quarter

Bank says the economic impact of the coronavirus is diminishing to help its asset quality, lending

IDFC First Bank net profit at Rs 342 crore surges 168% in March quarter
Updated On : 30 Apr 2022 | 7:24 PM IST

IDFC First Bank net profit jumps over two-fold to Rs 343 cr in March qtr

IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and lower provisioning for bad loans.

IDFC First Bank net profit jumps over two-fold to Rs 343 cr in March qtr
Updated On : 30 Apr 2022 | 6:09 PM IST

Micro details of Indian banks' macro story

So far, the story reads well. We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth

Micro details of Indian banks' macro story
Updated On : 18 Apr 2022 | 1:44 AM IST

IDFC First Bank MD gifts 500,000 shares to kin of deceased colleague

IDFC First Bank MD and CEO V Vaidyanathan has gifted 5 lakh shares of the bank held by him to family members of a deceased colleague, as per a regulatory filing. Vaidyanathan had earlier too gifted his shares to staff members, including his trainer, househelp and driver, to help them purchase homes. "V Vaidyanathan, Managing Director & CEO, has gifted 5,00,000 equity shares of IDFC FIRST Bank held by him to certain family members of a deceased colleague who was closely known to him for a long time, towards backing their education and for their financial security," the bank said in a regulatory filing on Thursday.

IDFC First Bank MD gifts 500,000 shares to kin of deceased colleague
Updated On : 17 Mar 2022 | 7:29 PM IST

Hero Electric partners with IDFC FIRST Bank for vehicle finance

Hero Electric said it has joined hands with IDFC FIRST Bank for vehicle finance.

Hero Electric partners with IDFC FIRST Bank for vehicle finance
Updated On : 24 Feb 2022 | 4:55 PM IST

IDFC FIRST Bank CEO gifts shares worth over Rs 3.95 cr to trainer, driver

In addition, the bank said Rukmani Social Welfare Trust has disposed of 2 lakh equity shares to support social activities

IDFC FIRST Bank CEO gifts shares worth over Rs 3.95 cr to trainer, driver
Updated On : 22 Feb 2022 | 3:21 AM IST

IDFC FIRST Bank appoints Jaimini Bhagwati on board as additional director

IDFC FIRST Bank on Friday said its board has approved the appointment of former economist and IFS officer Jaimini Bhagwati as an additional director on its board for three years.

IDFC FIRST Bank appoints Jaimini Bhagwati on board as additional director
Updated On : 18 Feb 2022 | 10:05 PM IST
Updated On : 09 Feb 2022 | 12:18 AM IST

IDFC First Bank Q3 net profit rises 117% to Rs 281 cr

Its net interest income grew by 36% on a YoY basis to reach Rs 2,580 cr in Q3FY22

IDFC First Bank Q3 net profit rises 117% to Rs 281 cr
Updated On : 29 Jan 2022 | 6:12 PM IST

IDFC First Bank's Sept quarter net up 50% on improved interest margins

It had posted a net profit of Rs 101 crore in the second quarter of the last financial year (Q2FY21)

IDFC First Bank's Sept quarter net up 50% on improved interest margins
Updated On : 31 Oct 2021 | 5:54 PM IST

IDFC First Bank net profit up nearly 50% at Rs 152 cr in Sep qtr

Bank's provisioning for bad loans and contingencies were raised substantially for the September 2021 quarter at Rs 474.95 crore as bad loans moved up

IDFC First Bank net profit up nearly 50% at Rs 152 cr in Sep qtr
Updated On : 30 Oct 2021 | 5:45 PM IST

Here's why Osho Krishan recommends buying TCS, IDFC First Bank

According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels

Here's why Osho Krishan recommends buying TCS, IDFC First Bank
Updated On : 26 Oct 2021 | 7:43 AM IST