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RBI Penalises LIC Housing Finance, IDFC First Bank Over Violation
The Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on IDFC First Bank and Rs 49.70 lakh on LIC Housing Finance for violation of certain norms.
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IDFC First Bags Title Sponsorship Rights For All BCCI International, Domestic Matches
The Board of Control for Cricket in India (BCCI) on Friday announced IDFC First Bank Limited to acquire the title sponsorship rights for all BCCI international and domestic matches.
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Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
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RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
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"Wonderful Gesture": Social Media Praises IDFC Bank CEO's Philanthropic Move
IDFC First Bank CEO V Vaidyanathan is known for his philanthropic gestures, and has gifted roughly 38 per cent of his stake in the bank since 2018.
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IDFC Bank CEO Gifts $500,000 Of Shares To Chauffeur, Maths Tutor
The chief executive officer of IDFC First Bank Ltd. gifted $530,000 worth of the shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy in India.
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Vivo Y51 (2020) With 5,000mAh Battery, Triple Rear Cameras Launched in India: Price, Specifications
Vivo Y51 (2020) is priced in India at Rs. 17,990 for the lone 8GB RAM + 128GB storage facility. The phone has launched in the country in Titanium Sapphire and Crystal Symphony colour options. Offers include financing options from Home Credit, Bajaj Finance, IDFC First Bank, HDB Financial Services, and Zest Finance. There are also Jio benefits wort...
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Vivo V20 Pro Pre-Order Details, Offers in India Leaked Ahead of Launch
Vivo V20 Pro pre-order offers are tipped to include 10 percent cashback on ICICI credit and debit cards, Bank of Baroda credit cards, and ZestMoney Finance. Bajaj Finance may offer an EMI scheme that allows for an upfront fee of just Rs. 101, and there will be several other EMI schemes from IDFC First Bank and Home Credit. Pre-order users may also ...
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Capital First Stock Jumps On Merger Plan With IDFC Bank. Five Things To Know
The Capital First -IDFC Bank merger deal has valued the NBFC at a premium of 12.5% on the current price. It is noteworthy that in the past five trading sessions, the Capital First stock has already run up by 11%.
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Capital First Shares Jump 8%, IDFC Bank Shares Fall 3% On Merger Plans
IDFC Bank is one of the youngest private lenders while Capital First is an NBFC backed by Warburg Pincus.
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IDFC Bank To Acquire Capital First In $1.5 Billion Deal
According to terms of the deal announced on Saturday, shareholders in Capital First will receive 139 shares of IDFC bank for every 10 shares held.
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RBI Penalises LIC Housing Finance, IDFC First Bank Over Violation
The Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on IDFC First Bank and Rs 49.70 lakh on LIC Housing Finance for violation of certain norms.
-
IDFC First Bags Title Sponsorship Rights For All BCCI International, Domestic Matches
The Board of Control for Cricket in India (BCCI) on Friday announced IDFC First Bank Limited to acquire the title sponsorship rights for all BCCI international and domestic matches.
-
Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
-
RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
-
"Wonderful Gesture": Social Media Praises IDFC Bank CEO's Philanthropic Move
IDFC First Bank CEO V Vaidyanathan is known for his philanthropic gestures, and has gifted roughly 38 per cent of his stake in the bank since 2018.
-
IDFC Bank CEO Gifts $500,000 Of Shares To Chauffeur, Maths Tutor
The chief executive officer of IDFC First Bank Ltd. gifted $530,000 worth of the shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy in India.
-
Vivo Y51 (2020) With 5,000mAh Battery, Triple Rear Cameras Launched in India: Price, Specifications
Vivo Y51 (2020) is priced in India at Rs. 17,990 for the lone 8GB RAM + 128GB storage facility. The phone has launched in the country in Titanium Sapphire and Crystal Symphony colour options. Offers include financing options from Home Credit, Bajaj Finance, IDFC First Bank, HDB Financial Services, and Zest Finance. There are also Jio benefits wort...
-
Vivo V20 Pro Pre-Order Details, Offers in India Leaked Ahead of Launch
Vivo V20 Pro pre-order offers are tipped to include 10 percent cashback on ICICI credit and debit cards, Bank of Baroda credit cards, and ZestMoney Finance. Bajaj Finance may offer an EMI scheme that allows for an upfront fee of just Rs. 101, and there will be several other EMI schemes from IDFC First Bank and Home Credit. Pre-order users may also ...
-
Capital First Stock Jumps On Merger Plan With IDFC Bank. Five Things To Know
The Capital First -IDFC Bank merger deal has valued the NBFC at a premium of 12.5% on the current price. It is noteworthy that in the past five trading sessions, the Capital First stock has already run up by 11%.
-
Capital First Shares Jump 8%, IDFC Bank Shares Fall 3% On Merger Plans
IDFC Bank is one of the youngest private lenders while Capital First is an NBFC backed by Warburg Pincus.
-
IDFC Bank To Acquire Capital First In $1.5 Billion Deal
According to terms of the deal announced on Saturday, shareholders in Capital First will receive 139 shares of IDFC bank for every 10 shares held.
