Debt, equity holders approve merger of IDFC with IDFC First Bank"We wish to inform that the resolution approving the Scheme was passed by the overwhelming majority of 99.95 per cent of the equity shareho...
RBI approves IDFC-IDFC First Bank mergerThe Reserve Bank of India (RBI) has granted approval for the reverse merger of IDFC Ltd with its banking subsidiary, IDFC First Bank. The c...
Momentum Pick: Up 28% in a year! Will IDFC continue to offer Street-beating returns?Momentum indicators RSI and MFI are trading in a medium range of 49.1 and 54, respectively which indicates a likelihood of further upside. ...
IDFC zooms 10% as IDFC First Bank board favours merger with promoter entitiesThe boards of IDFC and IDFC FHCL, at their respective meetings on Thursday, considered and noted the letter received from IDFC First Bank r...
IDFC Q2 results: Co posts net profit at Rs 262 crThe company's total income during July-September 2021-22 rose to Rs 138.93 crore from Rs 91.54 crore in the same period of 2020-21, accordi...
Dharmesh Mehta to acquire IDFC SecuritiesMehta stepped down as MD and CEO of Axis Capital in December last year.
Stocks in the news: Tata Motors, SpiceJet, Eicher Motors, Zee and Rallis IndiaHere are a few stocks, which may buzz the most in Monday’s trade.
IDFC Ltd logs net loss of Rs 1,469 crore in July-SeptemberOn a stand-alone basis too, the company posted a net loss of Rs 1,411.38 crore in July-September of this fiscal as against a net profit Rs ...
IDFC plunges 50% ex-demergerShares of IDFC traded nearly 50% down on Thursday at Rs 70 following demerger of IDFC (holding company, IDFC FHCL) and IDFC Bank.
Shareholders nod sought for demerging IDFC's finance business into bankIDFC has sought shareholders' approval for demerging its financial undertaking into a new entity to be named 'IDFC Bank'.