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IDFC Bank

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.

Buy Today Sell Today or Tomorrow: Stock markt experts speak on Tata Chemicals, Maruti Suzuki, IDFC Bank and Yes Bank stoks

Buy Today Sell Today or Tomorrow: Stock markt experts speak on Tata Chemicals, Maruti Suzuki, IDFC Bank and Yes Bank stoks

Fri, Jul 26, 2019

Stock market experts are of the opinion that Tata Chemicals and Maruti Suzuki stocks can be bought todaya nd sell either today or tomorrow as the stocks are poised to give some upside swing. They say IDFC Bank and Yes Bank stocks are moving but not to buy is the call from them.

New banking licenses: RBI hits pause button!

New banking licenses: RBI hits pause button!

Tue, Jun 04, 2019

The Reserve Bank of India (RBI) has gone back on its policy of issuing on-tap banking licenses. Sources aware of the matter have confirmed to Zee Business that the central bank is of the view that for the next 2-3 years no new banking licenses should be issued.

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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Dilip Sanghavi who was in the race to set up a Payments Bank in partnership with IDFC Bank and Telenor, has now withdrawn his application.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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