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[18] 139 shares of IDFC Bank were issued for every 10 shares of Capital First as part of the merger share swap. [19] The merger completed in December 2018, with IDFC Bank changing its name to IDFC First Bank. [20] [21] Vaidyanathan took over as the MD and CEO of the merged entity. The Reserve Bank of India approved his appointment for a period ...
On 13 January 2018, IDFC Bank and Capital First announced a merger. IDFC Bank issued 139 shares for every 10 shares of Capital First, and Vaidyanathan took over as the MD and CEO of the combined bank. [21] [22] Effectively Vaidyanathan successfully secured a banking license for Capital First through the merger and assumed control of the bank's ...
To wit, the IDFC First Bank Limited (NSE:IDFCFIRSTB) share... But if you pick the right individual stocks, you could make more than that. The IDFC First Bank (NSE:IDFCFIRSTB) Share Price Has ...
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In 2008–09, the company acquired 100% of the share capital of IDFC Capital (Singapore) Pvt Ltd. In the same year, the company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives. [9] IDFC Bank started operating banking services on 1 October 2015. [10]
IDFC Project Equity is a finance company based in India and subsidiary of Infrastructure Development Finance Company Limited . IDFC Project Equity manages the India Infrastructure Fund (IIF), a SEBI -registered domestic venture capital fund focused on infrastructure with a corpus of INR 35 billion (US$875 million).
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IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the ownership of Ministry of Finance, Government of India. [1] ...