ICICI Pru AMC gets RBI nod to acquire 10% stake in RBL, Federal, IDFC FIRST Bank; stocks surge
The approval granted by the RBI is subject to the compliance with the relevant provisions of the Banking Regulation Act, 1949
The approval granted by the RBI is subject to the compliance with the relevant provisions of the Banking Regulation Act, 1949
Post the proposed merger, the standalone book value per share of IDFC First Bank will increase by 4.9%
The Rajiv Jain-led investment firm picked up 2.58% shares in IDFC First Bank at ₹89 apiece via bulk deals, amounting to ₹1,527 crore.
IDFC First Bank says merger to create an institution with diversified public and institutional shareholders; standalone book value per share of bank to increase by 4.9%
Before deciding where to park your money, you must carefully evaluate the above features offered by various banks on their savings accounts
Deposits touch ₹66,498 crore on the back of 88% CAGR in four years.
Customers can affix the sticker-based debit card on any surface of their choice and use it to tap and pay in stores, restaurants, and all other places.
V. Vaidyanathan of IDFC First Bank gifts shares worth about ₹4 crore to his trainer, home help and driver among others.