Latest News on Idfc
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Idfc - Total results - 62
Dec 26, 2015
How the year 2015 transformed the idea of ‘banking’ for you and meIn August, RBI) issued in-principle approvals for 11 entities to set up payments banks and followed this up with the issuance of ten more licences for small finance banks in September
Jul 24, 2015
IDFC receives RBI approval for starting banking operation; plans to function from Oct 1IDFC and Bandhan Financial Services Pvt Ltd emerged successful out of 25 contenders for new bank licences
Jun 18, 2015
600 branches, 250 ATMs, 34% capital adequacy: Here's how Bandhan Bank will make a splashThe bank will have an ATM network of 250 on day one, and also associates, who have been serving the rural population in its current avatar as a MFI.
Jan 15, 2015
SAT asks Sebi to pass fresh order against individual in 2005 IPO scamSetting aside Sebi order against an individual in the case related to infamous IPO scam of 2003-05, the SAT today asked the market regulator to look afresh at the matter, maintaining that the accused can't be allowed to go scot-free.
Sep 28, 2014
Standard & Poor's outlook upgrade reflects our inherent strengths: SBIThe US-based firm has also raised the rating outlooks on 10 other Indian banks and financial institutions to stable from negative.
Sep 10, 2014
IDFC QIP opens today, to raise Rs 2,000 crEarlier on July 29, the shareholders of IDFC had allowed issuance of shares for up to Rs 2,000 crore to qualified institutional buyers (QIBs).
Jul 24, 2014
UAE energy co TAQA pulls out of $1.6 bn power deal with JP VenturesIn March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures.The consortium was to spend $616 million on equity in the plants
Jul 18, 2014
Small banks will provide big push to financial inclusionThe central bank issued draft guidelines for setting up of payment banks, which will cater to the marginalised sections of society
Jul 16, 2014
RBI says IDFC agrees to decrease FII shareholding limit to 50.5%The company, which received a commercial banking licence in April, plans to start bank operations by October next year.
Apr 05, 2014
Why I sold my IDFC shares: I wanted a play in infra, not the economyAs an investor, it is always startling when the company invested in for a reason becomes something else. IDFC is a great company, but it will become a different one in future