Page 2 - Idfc

Trump intends to nominate Indian American Deven Parekh to IDFC Board

The nomination of Parekh, who is the managing director at software investment firm Insight Partners will be for a period of three years

Investments in YES Bank aimed at providing stability, says SBI chief

SBI Card, the second largest largest credit card issuer in the country, got listed at 13 per cent discount at Rs 658 on the BSE, against the issue price of Rs 755.

NIIF Infrastructure Finance set for a tax dispute with I-T department

The company is seeking an exemption since 2015, while the I-T department has notified the fund only from April 1 this year

IDFC First Bank progressing on its promises after performance lull

Reasonable improvement in deposit accretion and sharp increase in profitability are the key achievements in Sept quarter

IDFC's long-term commitment will help boost MF biz: CEO Vishal Kapoor

'With our focus on expanding our distribution network along with new product opportunities in the pipeline, we expect to see sound growth in the coming quarters,' he says

IDFC posts 11-fold jump in Q3 net profit at Rs 26.28 cr on tax adjustment

There was a tax adjustment of Rs 31.41 crore in the third quarter

IDFC First's downside limited, but analysts divided on bank's future

Faster-than-expected loan growth could lift valuations for bank

IDFC infrastructure lending arm to raise Rs 1,500 cr in bonds

Will also raise Rs 400 crore of commercial papers

IDFC Bank CFO Sunil Kakar appointed MD & CEO of IDFC Ltd, replaces Limaye

Prior to joining IDFC, Kakar worked with Max New York Life Insurance Company since 2001 as CFO

IDFC net profit falls 43% to Rs 101 cr in Q3

On standalone basis, there was a net loss of Rs 44.77 crore during the quarter

IDFC Mutual Fund launches UPI mode of payment for investment

This facility will be available to existing, as well as new investors for lump sum purchases

IDFC AMC launches Balanced Fund

The new fund offer will open on Dec 12 and close on Dec 26 and will reopen for continuous sale and repurchase from Jan 2

IDFC has structural issues after demerger, says MD & CEO

Company in talks with RBI to look at possibility of doing businesses that are compliant with norms

IDFC's plan to re-price Esops draws proxy ire

Plan tries to give cover price-risk of employees, argues IiAS; Company says proposals are in interest of shareholders and employees

IDFC slips on weak Q4 earnings

Consolidated net profit for March 2016 quarter decreased 32% to Rs 270.6 crore y-o-y