IDFC First Bank posts Rs 101 crore profit in Q2 on interest income, lower provisioning
NEW DELHI: IDFC First Bank on Saturday reported a net profit of Rs 101 crore for the July-September quarter of the current fiscal year on healthy interest income and lower provisions. The private sector lender had posted a net loss of Rs 680 crore in the same quarter a year ago. The profit after tax […]
IDFC First Bank MD gifts Rs 30-lakh shares to schoolteacher
NEW DELHI: V. Vaidyanathan, managing director and CEO of IDFC First Bank, has transferred one lakh equity shares of IDFC FIRST Bank held by him in his personal capacity to his former school teacher, the bank said in a note to exchanges. Vaidyanathan gifted shares to Gurdial Saroop Saini, as a gift, without any consideration […]
IDFC Bank re-named IDFC First Bank
NEW DELHI:Private sector lender IDFC Bank said its name has been changed to IDFC First Bank Ltd with effect from Saturday. “…the name of the Bank has been changed from IDFC Bank Ltd to ‘IDFC First Bank Limited’ with effect from January 12, 2019 by virtue of ‘Certificate of Incorporation pursuant to change of name’ […]
IDFC Bank to be renamed as IDFC First Bank
NEW DELHI: IDFC Bank has proposed to change its name to ‘IDFC First Bank Ltd’ as it is in the process of amalgamating non-banking financial company Capital First with itself. The Board of Directors of IDFC Bank at its meeting on Wednesday decided to seek approval of the Reserve Bank of India to rename the […]