Page 7 - Idfc First Bank

IDFC First Bank: Meeting asset quality norm key to sustain re-rating drive

Proforma NPA in Q3 stood at 4.18 per cent; retail NPA of 3.88 per cent is the highest among top 7 private peers

IDFC First Bank's retail aspiration is swallowing capital

Proforma NPA in Q3 stood at 4.18 per cent and retail NPA at 3.88 per cent is highest among top 7 banks

IDFC First Bank's promoter, Warburg may not participate in fundraising

Board clears Rs 3K-cr capital raise plan

IDFC First Bank gains 9%, hits 52-week high as board approves fund raising

The lender said there are significant opportunities for growth based on the strong capabilities it has built as well as the strong outlook for economic recovery in India

Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF

NMDC announced resuming mining operations at its Donimalai iron ore mine in Karnataka

IDFC First Bank gets board approval for Rs 3,000 crore fund mop-up

Private sector IDFC First Bank on Thursday said its board has okayed raising up to Rs 3,000 crore through various means.

BS CEO Round Table: Six bank chiefs discuss paradigm shift in banking space

Leading names of India's banking industry join Tamal Bandyopadhyay at Business Standard's Unlock BFSI 2.0 to discuss the issues plaguing the sector

IDFC First Bank posts Rs 130 crore net profit in December quarter

IDFC First Bank on Saturday reported a net profit of Rs 130 crore for the third quarter ended on December 31, 2020.

Tata Motors, IDFC First Bank, JK Tyre rally over 50% in one month

Shares of JK Tyre & Industries soared 13 per cent hit hit its fresh 52-week high of Rs 120 today.

IDFC First Bank rallies 11% in two days on strong retail loan growth in Q3

Motilal Oswal Financial Services believe the strong traction in retail loans was aided by festive demand and an improved economic outlook

Trading ideas by Nilesh Jain of Anand Rathi: Buy L&T, IDFC First Bank

L&T stock has witnessed a build-up of long positions with the addition of 6 per cent open interest

IDFC First Bank posts Rs 101-cr profit in Q2 on interest income, lower provisioning

The bank on Saturday reported its earnings for the July-September quarter of the current fiscal year

IDFC First Bank to launch contactless debit card payment on phone next week

SafePay enables contactless payments of up to Rs 2,000 per transaction and up to a limit of Rs 20,000 per day

IDFC First Bank's non-exec chairman Rajiv Lall quits on health grounds

According to the bank's thought-out succession plan for this position in the past, subject to the RBI approval, there will be a smooth transition, the lender said quoting Lall

Bandhan Bank to IDBI Bank: 5 bank stocks that investors are betting on

With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank

Loans under moratorium to dip below 10% by August end, says IDFC First

Private lender posted profit before tax of Rs 127.54 crore in the quarter ended June 2020 (Q1Fy21)

5G to give opportunities to expand financial coverage: IDFC First Bank head

Availability of high-speed internet in rural areas will present huge opportunities and help improve the penetration of financial services in the country, IDFC First Bank MD and CEO V Vaidyanathan said

Banking stocks see strong gains, Bank Nifty rallies 11% in three days

The gains come after huge selling pressure and consequent under-performance of banking stocks since the start of March

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis

V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.

As banker it is my first job to be safe: IDFC First Bank CEO V Vaidyanathan

From now on, the system should open up systematically as people's financial cushions could vanish soon, he says