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Latest Articles in idfc bank

IDFC Shareholders Reject Reappointment Of Ex-CAG Vinod Rai As Non-exec Chairman

The votes were cast at the company''s 24th Annual General Meeting (AGM) on Wednesday for his re-appointment as non-independent non-executive director up to May 22, 2023.

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Xiaomi To Offer Full Spectrum Of Financial Services In India Via Partners

The top executive said Mi Credit will now offer a higher pre-approved loan of Rs 25 lakh (against Rs 1 lakh previously) and tenure of up to 60 months.

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IDFC First Bank Logs Rs 630cr Loss In Q1 On Covid Provisioning

Total income (net of interest expense) grew by 36 per cent year-on-year to Rs 3,034 crore in Q1FY22, driven by the growth in NII and fee income

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Yes Bank Appoints Indranil Pan Chief Economist

Pan and his team will provide strategic and policy-level inputs for the bank, based on macroeconomic developments at global and national level, a statement said.

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IDFC First Bank Fixes Floor Price For Rs 3,000 Cr QIP At Rs 60.34/Share

The Capital Raising Committee of the Board also decided that the bank may at its discretion offer a discount of not more than 5 per cent on the floor price for the issue

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IDFC First's Board Approves Fresh Capital Raise Of Rs 2,000 Crore To Bolster Growth

The bank's revised book value per share after the capital raise will be Rs 30.40 compared to Rs 31.82 as on December 31, 2019

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Capital First & IDFC Bank: Made For Each Other

The merger is a step in the right direction to achieve stated intentions of both entities

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The Merger Is A Great Platform, And Amazing Things Can Be Built On This: V Vaidyanathan

In a brief telephonic interview with BW Businessworld’s Clifford Alvares, V Vaidyanathan outlines his strategy, and much more on IDFC First’s future

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V Vaidyanathan: A Big-match Player

Why work for a bank when you could own one? Setting up a retail NBFC was only the first step in V Vaidyanathan’s larger game plan. Next up is converting it to a bank by merger with IDFC Bank

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IDFC Bank-Capital First Merger: RBI Gives Nod; Stocks Rally

The Reserve Bank of India has issued a no objection certificate to the IDFC Bank and Capital First Merger. Stocks for both the companies rallied in the stock market today riding on the news.

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IDFC Bank and Capital First Merger: Who Gains?

The merger will result in a combined valuation of Rs 33,000 crore in market capitalisation. Shareholders of both the banks to benefit in the long run

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IDFC Bank And Capital First Announce Merger

Swap ratio is set at 139 shares of IDFC for every 10 shares of Capital First

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Mobile-first Is Today’s Mantra

In order to create value in India in the coming years, it is imperative for companies to have a mobile-first strategy

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India's Future Supply Chain, Shalby To Launch IPOs Next Week

At the upper end of the price band, the IPO will raise about 6.50 billion rupees. Meanwhile, hospital operator Shalby Ltd is also seeking to raise up to 4.8 billion rupees by selling new shares in a price range of 245-248 rupees

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IDFC Bank Second-quarter Profit Falls About 40%

Net profit fell to Rs 2.34 billion ($35.92 million) in the quarter ended Sept. 30, from 3.88 billion rupees a year earlier, the bank said

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