Idfc First Bank
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All Stories for Idfc First Bank
IDFC First Bank CEO V Vaidyanathan sells shares worth Rs 58 cr to close loan availed by him
•IDFC First Bank on Friday said its Managing Director and Chief Executive Officer V Vaidyanathan has sold 2.75 crore shares for approximately Rs 58 crore to close ESOP loan availed by him
Yes Bank crisis: IDFC First to invest Rs 250 cr in cash-strapped private lender to acquire 25 cr shares
•IDFC First Bank on Sunday said it will make an equity investment of Rs 250 crore in beleaguered Yes Bank to acquire 25 crore equity shares
Govt sector contributes 40% of GVA growth in Q2, gold outlook for 2020; all this and more on Moneycontrol Pro
Moneycontrol •Since overall real GVA growth in the September quarter was 4.3 percent, it’s pretty clear the government sector contributed handsomely to growth.
National Highway Authority to start electronic toll collection with FASTag before deadline: Govt
•The National Electronic Toll Collection (FASTag) programme has been implemented nationally to remove bottlenecks and ensure seamless movement of traffic
SpiceJet chairman Ajay Singh pledges 2.78% shares to secure credit facility for airline
•With the latest pledge of shares, a total of 26.32 percent shareholding of Ajay Singh's is now encumbered
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.
IDFC First Bank reports Rs 617 cr loss for June quarter on higher provisioning for bad loans
•IDFC First Bank on Wednesday reported a net loss of Rs 617 crore for the April-June quarter of the current fiscal on account of higher provisioning
Fintech platform Zeta secures C series investment from Sodexo; deal values company at $300 mn
Sulekha_nair •Until now, Zeta has been funded till date by $40 million by co-founders Bhavin Turakhia and Ramki Gaddipati
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
•Capital First and IDFC Bank completed the merger in December 2018 and this is the maiden earnings of the merged entity