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IDFC First Bank net profit jumps over two-fold to Rs 343 crore in March quarter
The total income during the January-March quarter of 2021-22 rose to Rs 5,384.88 crore from Rs 4,811.18 crore in the same period of FY21, IDFC First Bank said in a regulatory filing.
IDFC FIRST Bank MD & CEO gifts shares worth over Rs 3.95 cr to trainer, driver, support staff
V Vaidyanathan gifted 9,00,000 equity shares of IDFC FIRST Bank held by him on 21 February 2022, the bank said in a regulatory filing on Monday
RBI may slash interest rate again in December before hitting a pause button, says Goldman Sachs
The RBI Monetary Policy Committee (MPC) reduced repo rate by 25 basis points on Friday to 5.15 percent and decided to maintain an accommodative stance
Rahul Gandhi's startup push: Regulatory hurdles in state, local bodies must be removed to make it easier for new ventures
Giving startups more freedom will, without doubt, give entrepreneurship the boost that the economy sorely needs.
Emami promoters sell 10% stake for Rs 1,600 cr to SBI MF, L&T MF, PremjiInvest, others
The Emami Group on Monday said its promoters have sold 10 percent stake in the flagship firm Emami Ltd for around Rs 1,600 crore
RBI bars Bandhan Bank from opening new branches, freezes CEO's salary for not meeting licensing conditions
Bandhan Bank said it is taking steps to comply with licensing condition to bring down the shareholding of Non-Operative Financial Holding Company (NOFHC) in the bank to 40 percent
Bandhan Bank files for Rs 2,500 cr IPO: Charting the institution's growth from a micro lender to bank
In April 2014, Bandhan was one of the two entities, another was IDFC, that won banking licence from the RBI defeating big companies in the fray
Bandhan Bank files for IPO, to raise over Rs 2,500 cr in biggest banking IPO till date
The issue, which is the touted as the biggest banking sector IPO till date, is expected to raise over Rs 2,500 crore
IDFC, Shriram Group merger called off over differences in deal valuation
In July, infrastructure lender IDFC, which entered the banking space in 2015, and Piramal Group's financial services firm Shriram entered an agreement for a merger plan to create the largest retail-focussed bank in the country
New India Assurance's Rs 10,000 cr IPO to hit market in first week of November; more insurers to follow
The offer comes soon after the Rs 11,370 crore IPO of General Insurance Corp. of India Ltd (GIC Re), which will be listed on 25 October. It has already been oversubscribed by over 1.35 times.
How safe do citizens feel in India's metro cities? 87% people in Delhi start worrying if girls aren't home by 9 pm
The National Crime Records Bureau (NCRB) provides information on crime recorded by the police but there is no data source to gauge if people perceive their neighbourhoods to be safe or not
IDFC-Shriram merger deal likely to be reworked amid opposition from select shareholders, says Ajay Piramal
In July, IDFC and the Piramal Group-backed financial services major Shriram Group had agreed to merge
Over 90% thefts in Indian mega cities are never recorded, says study; least FIRs filed in Delhi
Only six-eight percent of victims of theft in four major Indian cities lodged a first information report (FIR) with the police, according to a new study. The remaining 92-94 percent are not reflected in any official record.
Shriram Capital-IDFC Bank merger: Both groups have lot of complementarities, says Ajay Piramal
Two groups had already announced that the boards of Shriram Group and IDFC entered into an exclusivity arrangement for 90 days to jointly explore the possibility of merger.
Aadhaar Pay for merchants to be introduced with four banks including SBI soon
Aadhaar Pay for merchants is going to be launched soon by State Bank of India (SBI), Syndicate Bank, IDFC bank and Indusland bank.
Vikram Limaye says SC-appointed BCCI panel will aim at 'better governance' in cricket board
Vikram Limaye said that the four-member SC-appointed committee will be aiming to ensure "better governance" in BCCI while understanding the "philosophy" as to how things worked.
Demystifying the Aadhaar Payment App: It has been launched, just not on the Play Store, don't fall for fakes
The Aadhaar app was first launched in Andhra Pradesh by its Chief Minister and 100 merchants in Delhi and Bihar have started using the app since then.
Airtel Payment Bank opens 10,000 plus savings accounts in just two days
As per RBI norms, payments bank will initially be restricted to holding a maximum balance of Rs 1 lakh per individual customer.
Brics Summit in Goa: Russian state fund to co-invest $1 billion in India's Infra Fund
India is courting international investors to help finance new roads, railways and power projects that the country needs.
ICICI Prudential's Rs 6,000 cr IPO, first by an insurer in India, to hit market today
This would be the biggest initial public offering after Coal India. The state-run firm had hit the capital markets in 2010 to raise over Rs 15,000 crore.