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IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

IDFC Bank, Capital First announce merger; get approval

Under the deal, IDFC Bank will issue 139 shares for every 10 shares of Capital First.

13 Jan 2018 3:33 PM IST

These lenders are following the path of a lending unicorn-Capital First, which adopted a similar strategy. In 2012, venturing down the entrepreneurial road, V Vaidyanathan acquired a stake in an existing NBFC and secured the equity backing of Rs 810 crore from Warburg Pincus and thus founded Capital First Ltd.

Start-ups entering listed space via reverse merger

Nath, a financial services veteran, launched U GRO last year after acquiring listed entity Chokhani Securities.

17 Jun 2019 1:03 AM IST

IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

IDFC, Capital First merger deal gets CCI nod

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

10 March 2018 4:58 PM IST

IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

IDFC Bank, Capital First rise over 4 pc on completion of merger deal

The boards of IDFC Bank and Capital First met to take note of all requisite approvals and the order from National...

19 Dec 2018 5:42 PM IST

IDFC Bank on Wednesday said it has received RBIs approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company.

IDFC Bank and Capital First get RBI nod for merger

Earlier in January, the company said its board of directors has approved amalgamation of the three entities with IDFC...

6 Jun 2018 11:52 AM IST