Idfc Bank

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Idfc Bank - Total results - 25
IDFC First Bank Q2 loss at Rs 680 cr on one-time tax impact; shares jump 8% after lender posts PBT of Rs 100 cr in September quarter
Business

IDFC First Bank Q2 loss at Rs 680 cr on one-time tax impact; shares jump 8% after lender posts PBT of Rs 100 cr in September quarter

IDFC Bank reduced its loan book by over Rs 5,000 crore to focus only on retail loans during the quarter, which now constitutes 45% of the book.

Most banks fail on policies of climate change, human rights; inaction leaves sector vulnerable to investment risks: Report
Business

Most banks fail on policies of climate change, human rights; inaction leaves sector vulnerable to investment risks: Report

As per the Fair Finance Guide India scorecard, three out of eight Indian banks have scored high on parameters of financial inclusion and corruption.

ICRA downgrades rating of IDFC First Bank's Rs 38,670 cr NCD due to weak earnings
Business

ICRA downgrades rating of IDFC First Bank's Rs 38,670 cr NCD due to weak earnings

IDFC Bank got merged with non-banking financial company Capital First to create IDFC First Bank

IDFC First Bank logs in Rs 1,538 core loss on merger; reports net interest income of Rs 1,145 crore
Business

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
Business

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
Business

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
Business

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%
Business

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
Business

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
Business

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
Business

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
Business

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
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

RBI policy today: Rate panel seen cutting rates by 25 bps to 6% as inflation at record low
Business

RBI policy today: Rate panel seen cutting rates by 25 bps to 6% as inflation at record low

Retaining a cautious stance could cause tension with a government keen to lift the economic growth from January-March's 6.1 percent - fast by global standards but the lowest in over two years.

GST: Here's what experts have to say about the transition to new tax regime
Business

GST: Here's what experts have to say about the transition to new tax regime

Tax compliance will lead to higher revenue for both the central and state governments and enable them to fulfil their social objectives.

Paytm to commence payment bank operations from 23 May, to shift wallet biz to new co
Business

Paytm to commence payment bank operations from 23 May, to shift wallet biz to new co

Currently, Airtel and India Post are the only players that have started Payments Bank operations.

Aadhaar Pay app benefits shoppers and merchants as there are no transactions charges
News & Analysis

Aadhaar Pay app benefits shoppers and merchants as there are no transactions charges

Aadhaar Pay allows customers to make purchases at shops through electronic transactions without having to use plastic cards or mobile phones.

Urjit Patel's reduced communication could send interest rates higher, stem economic growth
Business

Urjit Patel's reduced communication could send interest rates higher, stem economic growth

Patel, a deputy governor since 2013, had been known within the RBI as reserved. He is widely regarded as having the professional and academic credentials to succeed, but the governor's role also involves communicating, some bankers say.

Watch: Demonetisation effect, here's how a Micro ATM really works
India

Watch: Demonetisation effect, here's how a Micro ATM really works

Watch the video to know how a Micro ATM works. We have featured an IDFC Micro ATM, but each bank has its own machine and may not have all the features shown in the video. But, they would allow you to withdraw, deposit cash and do basic funds transfer.

Retail inflation at 6.07%:  it shows Raghuram Rajan got his rate assessment right
Business

Retail inflation at 6.07%: it shows Raghuram Rajan got his rate assessment right

Analysts expect the food inflation to ease as the good monsoon will take effect from September onwards causing tapering of the overall CPI inflation