Deposit Growth: 32% YoY growth, reaching INR218,000 crores. Retail Deposits: Increased by 37% YoY to INR175,000 crores. CASA Deposits: Grew by 37.5% to INR109,000 crores. CASA Ratio: Over 48%. Cost of ...

The key details of the merger include the appointed date of 30 September 2024, for the merger of IDFC Financial Holding Company (IDFC FHCL) into IDFC IDFC has announced the approval of its ...

The Board of Directors of IDFC and IDFC Financial Holding approved merger between both the entities and announced a share exchange ratio of 155 shares of IDFC FIRST Bank for every 100 shares held in ...

The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and ...

Post the amalgamation, there will be a simplified corporate structure at the Bank with no holding company, it said. IDFC First Bank on Friday announced the completion of merger of IDFC Limited with ...

IDFC First Bank shareholders have approved the scheme of merger of IDFC Limited with the company. The National Company Law Tribunal (NCLT) convened a meeting on May 17 to consider and approve the ...

IDFC on Monday informed the exchanges that IDFC Financial Holding Company Limited, a wholly owned subsidiary of IDFC Limited, has submitted a letter to IDFC First Bank with respect to unlocking value ...

IDFC Ltd has received a green light from NCLT, Chennai for the merger of IDFC Financial Holding Company with IDFC and their merger into IDFC First Bank. (Bloomberg) This, the company added, is in ...

Shares of IDFC First Bank Ltd are trading near their 52-week low reached in October-end last year. IDFC First Bank stock fell ...

“This is with reference to the news article in economic times‐ Mumbai on November 16, 2022 captioned “IDFC Merger may be Delayed on Fair Value Issue…..The above mentioned article is baseless, false ...