IDFC First Bank receives RBI approval for proposed increased in authorized share capital

IDFC First Bank announced that the Reserve Bank of India ('RBI') has vide its letter dated 10 May 2020, acknowledged the proposed increase in Authorized Share Capital and consequent amendment to be carried out in the Memorandum of Association of the Bank, subject to compliance with relevant statutes and circulars/instructions/guidelines issued by RBI from time to time and shareholders' approval.

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