Wed, Dec 27, 2023
IDFC was an infra lender in the private sector space, and following its bigger peers like ICICI and IDBI, it also launched a banking subsidiary in 2015 -- IDFC Bank -- but could not make a mark as the other two could do.
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Thu, Dec 14, 2023
Available in two variants -- LIC Classic and LIC Select -- the credit cards will let more than 27 crore policyholders across the country save in the form of reward points on every LIC insurance premium payment, as per a joint statement.
Tue, Oct 17, 2023
The deal is subject to conditions, including the merger of IDFC Financial Holding into IDFC Ltd in the first step and subsequently, the amalgamation of IDFCL with IDFC FIRST Bank.
Wed, Jul 05, 2023
IDFC First Bank recovered much of its previous day's loss on Wednesday and IDFC continued to rise after the companies announced a merger between them.
Tue, Jul 04, 2023
As part of the proposed IDFC-IDFC First Bank merger, investors will get 155 IDFC First Bank shares for every 100 shares held in IDFC, according to a regulatory filing. Analysts say the share-swap ratio, proposed under the merger, is likely to be beneficial for IDFC Ltd shareholders.
Mon, Jul 03, 2023
This comes days after Housing Development Finance Corp merged with HDFC Bank in a $40 billion deal, the largest in India’s corporate history.
Wed, Jun 21, 2023
Madhivanan Balakrishnan has been elevated as the Executive Director and Chief Operating Officer of IDFC First Bank following the RBI's approval, a statement said on Wednesday.
Wed, Apr 05, 2023
Stocks to buy today: In conversation with Zee Business, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, and Ambareesh Baliga share their top recommendations for the April 5 session.
Wed, Mar 22, 2023
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Sumeet Bagadia, Kunal Saraogi, and Ambareesh Baliga share their top recommendations for the March 22 session.
Sun, Mar 12, 2023
All of the fund house's schemes would be renamed with the word Bandhan replacing IDFC in all of them
Thu, Jul 22, 2021
Touching a new 52-week high on Thursday, the shares of IDFC jumped 19 per cent to Rs 62.60 on the BSE intraday trade, as the Reserve Bank allowed it to exit as the promoter of IDFC First Bank.
Thu, Dec 17, 2020
Reverse merger of IDFC-IDFC First Bank possible, IDFC Limited can benefit from the proposed merger. Company awaits RBI guidelines on NBFC.
Tue, Nov 24, 2020
IDFC and IDFC First Bank share prices have been in the thick of action over the last 2 trading sessions. The spurt in momentum in the two stocks have been on the news around Reserve Bank of India’s internal working group suggesting raising promoter holding threshold among lenders and changing of ownership structure
Thu, Jun 13, 2019
World growth expectations have taken a decided turn towards the worse over the past month or so. This is now reflected in expectations of easing by major central banks later in the year.
Wed, May 29, 2019
Since the bond market is one of the major beneficiaries of the FII investment, market experts are highly bullish about the FIIs portfolio investment in the Indian bond market.
Mon, May 27, 2019
The IDFC Focused Equity Fund is an open-ended equity scheme investing in maximum 30 stocks with the flexibility to invest across sectors and across the market cap.
Fri, Feb 22, 2019
The IDFC India fund, an AIF Category III offering. has the potential to generate returns across bull and bear market cycles alike.
Sat, Feb 09, 2019
IDFC on Saturday reported an 11-fold jump in net profit for the December quarter at Rs 26.28 crore, mainly due to a tax adjustment.
Thu, Jan 24, 2019
The company has opened 40 stores on an asset light model in large retail malls across various small towns and cities in UP and Bihar during the past two years.
Sun, Feb 12, 2017
As per the EGM notice sent to the shareholders, the compensation package payable to him would include a 'fixed pay' component of little over Rs 6 crore per annum and 'variable pay' of Rs 2 crore per year, taking the 'total pay' to about Rs 8 crore.
Wed, Feb 08, 2017
The appointment will have to be approved by market regulator Securities and Exchange Board of India (SEBI), IDFC said in a statement on Wednesday.
Thu, Sep 08, 2016
Indian car parts maker and engineering group Motherson Sumi Systems has launched a share sale to institutions worth up to Rs 20 billion (nearly $300 million), it said in a stock exchange filing on Thursday.
Sat, Aug 20, 2016
He will be the eighth deputy governor to be made the RBI chair, and will be the central bank's 24th governor.
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