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IDFC Bank

BoB Capital sees nearly 24% upside in IDFC First Bank stock; says bank's strategic approach to becoming IDFC 2.0 will augur well

BoB Capital sees nearly 24% upside in IDFC First Bank stock; says bank's strategic approach to becoming IDFC 2.0 will augur well

Thu, Mar 14, 2024

Analysts at BoB Capital expect strategic growth in the loan book to be driven by small- and medium-sized enterprises and retail portfolios, which are likely to aid net interest margin (NIM).

Stocks to Buy: Vikas Sethi recommends IDFC from F&O, Indo count from Cash Market; know why?

Stocks to Buy: Vikas Sethi recommends IDFC from F&O, Indo count from Cash Market; know why?

Fri, Jul 01, 2022

Market expert Vikas Sethi recommended IDFC July futures and Indo count from Cash Market in a popular TV show 'Sadabahar Sethi saab' in conversation with Zee Business Managing Editor Anil Singhvi.

IDFC First to invest Rs 250 cr in Yes Bank

IDFC First to invest Rs 250 cr in Yes Bank

Mon, Mar 16, 2020

IDFC becomes first bank to make an equity investment of Rs 250 crore in beleaguered Yes Bank to acquire 25 crore equity shares.

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India Post Payments Bank starts pilot services in Raipur & Ranchi

India Post Payments Bank starts pilot services in Raipur & Ranchi

Mon, Jan 30, 2017

India Post has started operations of its payments bank on Monday on pilot basis in Raipur and Ranchi.

Sensex plunges 201 points as oil fears make a comeback

Sensex plunges 201 points as oil fears make a comeback

Wed, Oct 26, 2016

Asia showed distinct weakness as there were fresh fears after reports emerged that Russia will not take part in a planned oil output cut by major producers. Overnight losses in the US on lower-than-expected earnings added to the anxiety.

IDFC bank to acquire Grama Vidiyal Micro Finance

IDFC bank to acquire Grama Vidiyal Micro Finance

Tue, Jul 12, 2016

The move is expected to aid IDFC Bank’s aim to be retail bank with a significant footprint and customer base in five years, said Rajiv Lall, founder MD & CEO of IDFC Bank.

Why are entities pulling out of Payments Bank race?

Why are entities pulling out of Payments Bank race?

Sat, May 21, 2016

Sun Pharmaceutical's Dilip Sanghavi who was in the race to set up a Payments Bank in partnership with IDFC Bank and Telenor, has now withdrawn his application. This is the second entity after Cholamandalam Finance to reconsider its decision of setting up a payments bank.

Dilip Shanghvi drops plans to form payments bank with IDFC, Telenor

Dilip Shanghvi drops plans to form payments bank with IDFC, Telenor

Fri, May 20, 2016

India's second richest man, Dilip Shanghvi, said on Friday he had shelved plans to form a payments bank jointly with the Indian financial firm IDFC Bank and an arm of Norway`s Telenor, but did not disclose the reason.

Debt-heavy GMR sells 30% power stake to Malaysian utility

Debt-heavy GMR sells 30% power stake to Malaysian utility

Tue, May 10, 2016

The deal comes as most Indian power companies are struggling with softer-than-expected demand and heavy debt brought on by years of aggressive expansion, inviting pressure from lenders to divest assets to repay loans.

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