Page 4 - Idfc First Bank

BS CEO Round Table: Six bank chiefs discuss paradigm shift in banking space

Leading names of India's banking industry join Tamal Bandyopadhyay at Business Standard's Unlock BFSI 2.0 to discuss the issues plaguing the sector

IDFC First Bank posts Rs 130 crore net profit in December quarter

IDFC First Bank on Saturday reported a net profit of Rs 130 crore for the third quarter ended on December 31, 2020.

Tata Motors, IDFC First Bank, JK Tyre rally over 50% in one month

Shares of JK Tyre & Industries soared 13 per cent hit hit its fresh 52-week high of Rs 120 today.

IDFC First Bank rallies 11% in two days on strong retail loan growth in Q3

Motilal Oswal Financial Services believe the strong traction in retail loans was aided by festive demand and an improved economic outlook

Trading ideas by Nilesh Jain of Anand Rathi: Buy L&T, IDFC First Bank

L&T stock has witnessed a build-up of long positions with the addition of 6 per cent open interest

IDFC First Bank posts Rs 101-cr profit in Q2 on interest income, lower provisioning

The bank on Saturday reported its earnings for the July-September quarter of the current fiscal year

IDFC First Bank to launch contactless debit card payment on phone next week

SafePay enables contactless payments of up to Rs 2,000 per transaction and up to a limit of Rs 20,000 per day

IDFC First Bank's non-exec chairman Rajiv Lall quits on health grounds

According to the bank's thought-out succession plan for this position in the past, subject to the RBI approval, there will be a smooth transition, the lender said quoting Lall

Bandhan Bank to IDBI Bank: 5 bank stocks that investors are betting on

With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank

Loans under moratorium to dip below 10% by August end, says IDFC First

Private lender posted profit before tax of Rs 127.54 crore in the quarter ended June 2020 (Q1Fy21)

5G to give opportunities to expand financial coverage: IDFC First Bank head

Availability of high-speed internet in rural areas will present huge opportunities and help improve the penetration of financial services in the country, IDFC First Bank MD and CEO V Vaidyanathan said

Banking stocks see strong gains, Bank Nifty rallies 11% in three days

The gains come after huge selling pressure and consequent under-performance of banking stocks since the start of March

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis

V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.

As banker it is my first job to be safe: IDFC First Bank CEO V Vaidyanathan

From now on, the system should open up systematically as people's financial cushions could vanish soon, he says

IDFC First Bank to raise Rs 2,000 cr capital from promoter, Warburg Pincus, 3 others

Under the fundraising, the equity shares will be issued at Rs 23.19 apiece to the existing and new investors, subject to shareholders' nod and other approvals.

IDFC First Bank hits new low as MD & CEO Vaidyanathan sells 27 mn shares

V. Vaidyanathan, MD & CEO of the bank sold 27 million shares on Thursday for approximately Rs 58 crore and intends to sell about Rs 35 crore worth of stocks today to close ESOP loan availed by him.

Private lenders' 'act of kindness' to YES Bank irks investors

Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender

IDFC First Bank plans to invest Rs 250 crore in crisis-hit YES Bank

The authorised capital of Yes Bank has been increased to Rs 6,200 crore, Finance Minister Nirmala Sitharaman said on Friday.

IDFC First Bank to raise up to Rs 2000 cr in tier-II debt capital via bonds

Funded assets of the bank rose marginally to Rs 1.06 trillion in December 2019 from Rs 1.04 trillion a year ago

IDFC First Bank posts pre-tax loss of Rs 1,623 crore in Q3

Makes heavy provision for telecom and legacy infra loan