Merger ahead: In a major development, the shareholders of IDFC First Bank have unanimously approved of the much awaited merger with IDFC Ltd. At an important meeting called by the Chennai bench of ...
In a major update, shareholders of private lender IDFC First Bank on Friday gave their assent to the much-awaited merger with ...
Premium IDFC First Bank merger: In December 2023, the Reserve Bank of India (RBI) had approved the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. IDFC First Bank ...
The majority shareholders of IDFC First Bank have approved the amalgamation of IDFC Ltd with the bank at a meeting convened by the Chennai bench of the National Company Law Tribunal, the bank ...
"We wish to inform that the resolution approving the Scheme was passed by the overwhelming majority of 99.95 per cent of the equity shareholders, representing more than three-fourths in value of the ...
IDFC First Bank said on Friday that the majority shareholders of the lender have apporved the merger of IDFC Ltd with the bank. The bank issued an official filing with the exchange and informed that ...
IDFC First Bank's majority shareholders approved the amalgamation of IDFC Ltd with the bank, according to a notification to the stock exchanges on May 17. The approval was granted at a meeting ...
NEW DELHI: Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT ...
The private sector IDFC Limited and IDFC First Bank are merging. The majority of IDFC First Bank shareholders have approved this merger. The Chennai Bench of the National Company Law Tribunal (NCLT) ...
The Reserve Bank of India (RBI) has clarified that IDFC Limited can exit as the promoter of IDFC First Bank Limited as the five year lock-in period comes to an end, the bank said in a statement to ...