Idfc Bank
Recent Highlights
All Stories for Idfc Bank
IDFC First Bank logs in Rs 1,538 core loss on merger; reports net interest income of Rs 1,145 crore
•Capital First and IDFC Bank completed the merger in December 2018 and this is the maiden earnings of the merged entity
Capital First merges with IDFC Bank to create IDFC First Bank; V Vaidyanathan appointed CEO
•As part of the merger agreement, shareholders will receive 139 shares of IDFC Bank for each 10 shares held of Warburg Pincus-backed Capital First.
IDFC Bank to seek shareholders' nod next month for change of name to IDFC First Bank
•IDFC Bank will seek shareholders' nod next month to change its name to IDFC First Bank Ltd in the process of amalgamating Capital First and its entities.
IDFC Bank logs net loss of Rs 370 crore in Q2 on higher NPA provisioning; gross bad loans stand at Rs 894.50 crore
•IDFC Bank had posted a net profit of Rs 233.66 crore in the corresponding July-September period of 2017-18
IDFC Bank's net profit down 58% to Rs 181 crore in Q1; gross non-performing assets fall to 3.24%
•IDFC Bank's total income dropped to Rs 2,519.87 crore in the April-June quarter of 2018-19 from Rs 2,793.98 crore in the year-ago period
Falling rupee, surging oil prices push retail inflation to five-month high of 5% in June; RBI may raise rates in August
•June was the eighth straight month in which inflation was higher than the RBI’s medium-term target of 4 percent.
IDFC Bank, Capital First get Reserve Bank of India's nod for merger; deal set to create Rs 88,000 crore combined entity
•IDFC Bank said it has received RBI's approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company
Biocon, HDFC Std Life Insurance, InterGlobe Aviation, Avenue Supermarts to be added to MSCI India index
•The changes in the constituents for MSCI India domestic index will take place as of close of 31 May, 2018, MSCI India announced on Monday
Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report
•In terms of the quantum, Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore
Bandhan Bank files for Rs 2,500 cr IPO: Charting the institution's growth from a micro lender to bank
Fp Staff •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