#IDFCFirstBank gets #RBI nod for merger of #IDFC, #IDFCFinancial Holding with self.

#ICICIPrudentialAMC and #ICICIPrudentialLife get #RBI nod to acquire aggregate holding of up to 9.95% stake in #IDFCFirstBank: Exchange Filing

#InfibeamAvenues' payment brand CCAvenue to offer credit card and EMI solutions to #IDFCFirstBank customers: Exchange Filing.

#CloverdellInvestment offers up to 15.9 crore shares of #IDFCFirstBank via large trade.

#RBI imposes monetary penalty of Rs 1 crore on #IDFCFirstBank: #RBI Press Release

#RBI fines #IDFCFirstBank of Rs 1 crore for violating loan-related norms to a public sector undertaking.

#IDFCFirstBank approves preferential issue worth Rs 3,200 crore.

#IDFCFirstBank's Rs 3,2000 crore fundraise priced at 4.51% premium of last closing of Rs 77.15/share.

#IDFCFirstBank approves allotment of 39.7 crore shares worth Rs 3,200 crore to QIBs.

#NCLT approves merger of #IDFCFinancial Holding with #IDFC, and resulting entity's merger into #IDFCFirstBank: Exchange filing

#IDFCFirstBank: IDFC Financial, IDFC merger with IDFC First Bank to be effective October 1.

#IDFCFirstBank | Loans & advances up 21.3% at Rs 2.22 lakh crore.

#IDFCFirstBank: Total business up 25.2% at Rs 4.6 lakh crore as of December 31 vs Rs 3.7 lakh crore.

#IDFCFirstBank board approves fundraise of up to Rs 7,500 crore.

#JustIn | #IDFCFirstBank shareholders reject proposal to induct 1 non-retiring Non-Exec Director Of Currant Sea Investments B.V.

🚩Alert: #CurrantSea Investments B.V. is an affiliate company of #WarburgPincus

#IDFCFirstBank reports #Q2Results 👇

👉Net profit up 75.4% at ₹352 cr vs ₹201 cr (YoY)

👉NII up 6.8% at ₹5,112.7 cr vs ₹4,788 cr (YoY)

👉Gross NPA at 1.86% vs 1.97% (QoQ)

👉Net NPA at 0.52% vs 0.55% (QoQ)

#JustIn | #IDFCFirstBank Cuts Savings Rates Of Interest:

IDFC First Bank Says:

▶️Savings Rate for ₹5 lk to ₹10 lk cut to 5% from 7%

▶️Saving Rate for >₹10 lk & up to ₹5 cr cut to 6.5% from 7%

▶️Saving Rate for >₹5 cr & up to ₹10 cr cut to 6.5% from 6.75%

#JustIn | #IDFCFirstBank Says👇

👉Have Paid ₹583 Cr To Haryana Govt

👉Paid 100% Of Principal & Interest Even Though Investigation Is Underway

👉Have Paid Principal & Interest Of Haryana Govt As Claimed

#IDFCFIRSTBANK approves fundraise of up to Rs 20,000 Cr, approval is valid till 1 year

#IDFCFirstBank Q2 Update

👉Total Deposits Up 17% YoY At ₹3.24 Lk Cr

👉Loans & Advances Up 20.4% YoY At ₹3.14 Lk Cr

👉#CASA Ratio At 51.3% Vs 50.1% YoY & Vs 50.8% QoQ

👉Customer Deposits Up 17.6% At ₹3.17 Lk Cr