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Idfc - Total results - 64
RBI may slash interest rate again in December before hitting a pause button, says Goldman Sachs
Business

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
Politics

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
India

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
Business

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
India

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
Business

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
News & Analysis

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
First Cricket News

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
News & Analysis

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
Politics

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
Business

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
Business

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.

Now, Subramanian Swamy terms IDFC's Rs 550 cr loan to GSTN as 'loot'
Economy

Now, Subramanian Swamy terms IDFC's Rs 550 cr loan to GSTN as 'loot'

The government of India holds 24.5 percent stake in GSTN while states together hold another 24.5 percent.

What Urjit Patel said in 2003 paper: Let corporate ownership in private banks be above 10%
Business

What Urjit Patel said in 2003 paper: Let corporate ownership in private banks be above 10%

It is interesting to note that Patel’s joint paper argued strongly in favor of corporate promoters owning more than 10 per cent stake in private banks they float, contradictory to what RBI’s stance is today on this issue.