IDFC Ltd elevates Sunil Kakar as MD and CEO for 3 yearsThe Board of Directors has approved appointment of Sunil Kakar as the Managing Director and CEO of the company for 3 years with effect from...
IDFC Bank posts Rs 242 crore net profit in first quarterly showIn its first quarterly numbers, IDFC Bank posted Rs 242.16 crore profit for the three months ended December 31, 2015.
IDFC banks on psychometric tests for senior level hiringsNew private sector lender IDFCBank says it wants to assess the behavioural traits to ensure that the person fits into its overall culture.
IDFC stock up as it receives RBI final nodThe term lending financial institution will be cherished as IDFC Bank and is expected start operations from October 1 of this year.
30 per cent of infrastructure loans to qualify for CRR, SLR-free bonds: IDFCThe biggest gain for banks in this is that entire money raised through these bonds will be available for stated purpose & will not get stuc...
IDFC plans to hire 1500 personnel for banking operationsIDFC was selected along with micro-lender Bandhan to start a bank with universal offerings by the RBI in April in the first round .
IDFC to make more provisions in run-up to banking forayA whopping 459% jump in provisions in the second quarter at Rs 281 cr adversely impacted net profit for the quarter, which was down 14% at ...
IDFC eyes top talent for its bank, in talks with Paresh Sukthankar, Shyam SrinivasanAccording to sources, Sunil Kakar, IDFC Group’s chief financial officer, is likely to take over as the CFO of the proposed bank.
- Yuvraj Singh advertisement in right spirit, won't withdraw: Ajay Kakar, Aditya Birla Group
With the news of Yuvraj's illness, there is widespread criticism that the brand is trying to cash in on the player's illness by continuing ...
- Oxford University Press completes 100 years in India
Oxford University Press to celebrate by re-issuing classics, and launching major new centenary year publishing initiatives.
- IDFC may raise forex loan ratio to 13% from 8% now
Infrastructure Development Finance Co is looking to increase the proportion of foreign currency debt in its total loan portfolio, prompted ...
- IDFC plans launch of private equity fund next fiscal to buy stressed assets
Infrastructure Development Finance's exposure to the power sector is mostly in operational & nonconventional projects and hence less risky.
- 3rd IDFC tax-free infra bonds open Monday, to mop-up Rs 2,172 cr
'The issue has a lock-in period of five years, post which subscribers can sell the bonds. After five years, it will be listed on BSE and NS...
- Insurance industry expects growth to moderate to 20-25 pc
Economic slowdown has started taking toll on the insurance sector too with most life insurance players expecting moderation in new business...
- Pvt life insurers seek refuge in govt bonds
While life insurance firms are required to invest 50% of total assets in government securities, they are planning to raise their exposure i...
- Pepsi dumped Sachin for overpricing?
Adman Prahlad Kakar said that Pepsi can't afford to pay Sachin as his price keeps increasing. Brand Dhoni | Sports Brand Ambassadors | Day ...
- Investment in ULIPs pays in the long term
People have to understand the cost structure of a fund before buying into ULIPs. And a basic understanding would save them from heartburn.