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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 management.
[17] 139 shares of IDFC Bank were issued for every 10 shares of Capital First as part of the merger share swap. [18] The merger completed in December 2018, with IDFC Bank changing its name to IDFC First Bank. [19] [20] Vaidyanathan took over as the MD and CEO of the merged entity. The Reserve Bank of India approved his appointment for a period ...
Before joining Warburg Pincus in 1997, Rajiv Lall was the Head of Asian Economic Research with Morgan Stanley Asia. [3]In 2005, Lall joined IDFC as MD and CEO. he serves as a director of IDFC Trustee Company Pvt. Ltd., IDFC Capital Company Limited, IDFC Projects Limited, IDFC-SSKI Securities Limited, IDFC-SSKI Limited, IDFC Bank, STCI Finance Limited, National Stock Exchange of India Limited ...
Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs and consumers. In December 2018, it was merged into IDFC Bank to form IDFC First Bank. The company was listed on the NSE and BSE prior to the merger. [6] [7] [8]
Bank of America and State Street are both scheduled to share earnings calls on July 16, while U.S. Bank’s investor call is scheduled for July 17. With reporting from Sheryl Estrada This story ...
First Union bought the Newark, N.J., bank for $5.4 billion — the biggest U.S. bank acquisition at the time. In 1997, the dealmaker bragged about the technique he used to buy Signet Banking Corp ...
The former CEO of First Republic told House lawmakers Wednesday that his bank “was contaminated” by the widespread panic that followed the March 10 fall of Silicon Valley Bank, a development ...
Pages in category "IDFC First Bank" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. C. Capital First Ltd. I.