IDFC

IDFC FIRST Bank on Saturday reported first-quarter net profit climbed 61% year-on-year to ₹765 crore, from ₹474 crore a year earlier, driven by strong growth in core operating income.The bank said net interest income (NII) grew 36% YoY to…

IDFC First Bank is looking to raise ₹20 billion ($243.84 million) in equity capital in the second half of the current financial year, a source familiar with the matter said.The fund raise follows a reverse merger between parent IDFC Ltd.…

Stocks to Watch on July 4: Nifty futures traded 4.5 points, or 0.02 per cent, higher at 19,443.50, signaling that Dalal Street was headed for muted start on Tuesday. Here’s a slew of stocks that will be in focus today for various…

The Board of Directors of IDFC First Bank Ltd. at its meeting held on Monday approved the Scheme of Amalgamation of IDFC Ltd. with IDFC First Bank with a share exchange ratio of 155 equity shares of face value of ₹10 each of IDFC First Bank…

Madhivanan Balakrishnan has been a part of IDFC First Bank since 2019 as is currently serving as the chief operating officer of the bank.Madhivanan Balakrishnan has been a part of the bank since 2019 as is currently serving as the Chief…

Plotch, which aims to bring over 10,000 sellers to the Open Network for Digital Commerce (ONDC), along with IDFC First Bank, has launched an ONDC-focused payment solution NodePe.Founded in 2020 by Craftsvilla.com founders Manoj and Monica…

Cred-owned expense management solutions provider Happay is laying off a number of employees, the latest startup to do so in an effort to cut costs, three people told ET, requesting anonymity in order to speak freely. The exact number of…

Last Updated: March 28, 2023, 08:21 ISTThe Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 17,146, up 55 points or 0.32 per cent from the previous…

IDFC FIRST Bank on Thursday announced its three-year partnership with Mumbai Indians, marking its debut in cricket partnerships.Beginning this season, IDFC FIRST Bank will be the official banking partner of the team. "The partnership…

Last Updated: March 02, 2023, 13:08 ISTThe bank is offering 5% interest for deposits maturing in 91-180 days and 6.75% for the 181-366 days tenor. IDFC First Bank is offering a minimum interest of 3.50% and a maximum interest of 7.75% on…