New Delhi [India], July 17: Unforeseen and at times some unprecedented events like the Covid 19 pandemic, can consume a major chunk of your entire life savings, if not almost all of it. What’s worse, as seen in recent times the situations of the pandemic-like magnitude can pos
Mumbai (Maharashtra) [India], July 11: Adding to its extensive customer-first portfolio of financial products, IDFC FIRST Bank today announced its collaboration with Club Vistara and Mastercard to launch a travel credit card. Designed to provide exciting travel and lifestyle-related offers t
Mumbai (Maharashtra) [India], July 4: The Board of Directors of IDFC FIRST Bank Limited ("IDFC FIRST Bank" or "the Bank") at its meeting held today, July 03, 2023, have approved the Scheme of Amalgamation of IDFC Limited with IDFC FIRST Bank. The Share Exchange Ratio for the amalgamation of
Mumbai (Maharashtra) [India], May 2 (ANI/BusinessWire India): Executive Summary - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the audited financial results for the quarter and financial year ended March 31, 2023. The key highlights were:
Enforcement Directorate (ED) carried out a search of five bank accounts held at IDFC First Bank, Surat under the Prevention of Money Laundering Act (PMLA), 2002 on Thursday related to the illegal betting activities carried out through fake dummy bank accounts, by Harish alias Kamlesh Jariwal
New Delhi [India], April 7 (ANI/PNN): As expected, the pilot for the retail digital rupee was launched in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, 2022. The retail digital rupee project started in a closed user group with the participation of four leading lenders, includin
Mumbai (Maharashtra)/ New Delhi [India], April 6 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised IDFC Limited (IDFC) and IDFC Financial Holding Company Limited (IDFC Financial), on subscription of shares of IDFC First Bank on preferential allotment basis for a sum of approx. Rs 2
In the morning, shares of SBI surged about 0.45 per cent to Rs 563.30 apiece while in a span of five days, it had climbed about 7.56 per cent. On Friday, SBI shares gained 5 per cent and ended at Rs 561 apiece on Friday. Shares of Yes Bank had surged 2.73 per cent in a span of five days.
The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such as cash deposit and withdrawal at branches, third-party cash transactions, demand drafts, immediate payment service (IMPS), National Electronic Funds Transfer (NEFT), Real Time Gross Settlement
A memorandum of understanding was signed between IDFC FIRST Bank and NASSCOM COE for appointing the lender as a preferred banking Partner for startups, at an event in Bengaluru, attended by startup founders.