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IDFC Bank to merge with Capital First, Vaidyanathan, to succeed Lall

IDFC Bank will be issuing 139 shares for every 10 shares of Capital First, the bank said in a statement. The merger is subject to regulatory and shareholder approvals......»»

Category: topSource: business-standardJan 13th, 2018

IDFC Bank to merge with Capital First, Vaidyanathan, to succeed Lall

IDFC Bank will be issuing 139 shares for every 10 shares of Capital First, the bank said in a statement. The merger is subject to regulatory and shareholder approvals......»»

Category: topSource: business-standardJan 13th, 2018

IDFC Bank-Capital First merger: Share of retail loan to go up to 45%

The two announced their intention to merge to create an entity having Rs 880 billion in assets under management.....»»

Category: topSource: business-standardJan 15th, 2018

IDFC Bank-Capital First merger: The making of V Vaidyanathan as a banker

Right career moves and retail banking boom have helped Vaidyanathan reach the corner office.....»»

Category: topSource: business-standardJan 14th, 2018

IDFC Bank is getting a person who understands retail: CEO Rajiv Lall

The merger with Capital First will drive home three years of growth at one go to IDFC Bank: Rajiv Lall.....»»

Category: topSource: business-standardJan 13th, 2018

We don"t have the luxury to grow organically: IDFC Bank MD Rajiv Lall

MD of IDFC Bank asserts that the merger proposal between Shriram Capital and IDFC Group will work.....»»

Category: topSource: business-standardJul 10th, 2017

IDFC Bank, Shriram Capital to merge within 90 days, create Rs 65k-cr giant

According to Piramal, the boards of directors of the companies have not approved any transaction yet.....»»

Category: topSource: business-standardJul 8th, 2017

UCO Bank to merge branches in Hong Kong as it realigns overseas operations

Move follows RBI's ban on LoUs; With almost zero capital needed for opening a branch in Hong Kong, Indian banks long have been upbeat in opening branches there.....»»

Category: topSource: business-standardMar 23rd, 2018

IDFC, Capital First $1.5 billion merger deal gets approval from CCI

Capital First will bring along with large retail network into infrastructure lender IDFC Bank.....»»

Category: topSource: business-standardMar 10th, 2018

Capital First gets NHB nod for merger with IDFC Bank

The amalgamation is subject to the receipt of approval from the Reserve Bank of India and other statutory and regulatory approvals.....»»

Category: topSource: business-standardFeb 20th, 2018

Mazumdar-Shaw, Rajiv Lall appointed to US India Business Council board

Biocon CMD Kiran Mazumdar-Shaw, IDFC Bank founder Rajiv Lall are among those who have been appointed to the board of USIBC.....»»

Category: topSource: business-standardJan 26th, 2018

Capital First hits 52-week high on merger with IDFC Bank

At 09:33 AM; Capital First was trading 7% higher at Rs 895 on BSE, while IDFC Bank quoting 1% higher at Rs 68.45, after falling 4% to Rs 65 on BSE in intra-day trade.....»»

Category: topSource: business-standardJan 14th, 2018

IDFC Bank and its hunger for growth: Story of merger with Capital First

IDFC Bank would issue 139 shares for every 10 shares of Capital First; m-cap of combined entity would be Rs 313 bn.....»»

Category: topSource: business-standardJan 14th, 2018

IDFC Bank-Capital First merger: Gains for both justify the deal premium

But, growing deposit base will be the real test.....»»

Category: topSource: business-standardJan 14th, 2018

News digest: IDFC Bank-Capital First merger, SC crisis, World Bank and more

From IDFC Bank and Capital First merger to rising corporate bond yields, BS brings you up to date with the latest news.....»»

Category: topSource: business-standardJan 13th, 2018

Mid, Smallcap indices fall over 2% intra-day trade; Adani group stocks hit

Dena Bank, IDFC Bank, Bank of Maharashtra, Power Finance Corporation, Reliance Capital and United Bank of India from the financials and banks were hitting their 52-week lows in intra-day trade today......»»

Category: topSource: business-standardDec 18th, 2017

Shriram did not make a counter-offer on merger: IDFC Bank CEO Rajiv Lall

Said, 'We were consistent that it was a fair valuation; as this was not happening, we decided to call it off'.....»»

Category: topSource: business-standardOct 30th, 2017

Chhattisgarh govt to merge DCCBs with state cooperative banks

After the merger, the working capital of the bank would increase to more than Rs 10 crore.....»»

Category: topSource: business-standardJul 11th, 2017

IDFC Bank, Shriram Capital enter 90-day merger talks

The entire merger process, including approvals, will take 12 months to complete.....»»

Category: topSource: business-standardJul 8th, 2017

Sebi seeks details of proposed IDFC-Shriram Capital mega merger

Sebi is unhappy with the top management of IDFC, IDFC Bank, and Shriram Transport Finance.....»»

Category: topSource: business-standardJul 7th, 2017

IDFC Bank, Shriram Capital plan mega merger, talks to begin next week

Talks begin next week for an all-stock deal to create a Rs 60,000-cr powerhouse.....»»

Category: topSource: business-standardJul 7th, 2017