IDFC First Bank

The senior notes, issued through the bank's IFSC Banking Unit, will mature in August 2031 and follow its $600 million international bond issuance last week

IDFC First Bank has partnered with the IIM Calcutta Innovation Park (IIMCIP) to launch a pan-India programme aimed at nurturing enterprises working on sustainable business solutions, officials said on Monday. The 'IGNITE' programme will provide total financial and operational support of Rs 2 crore, including a direct startup grant corpus of Rs 1.36 crore, they said. It aims to help early-stage ventures strengthen their business models, expand market reach, and deliver measurable environmental and social outcomes, according to an official statement. Under the programme, 16 startups from across the country will be selected through a competitive evaluation process, it said. The focus areas include green manufacturing, waste recycling and upcycling, cleantech, renewable energy, water management, environmental technologies, and the sustainable use of indigenous resources. The selected startups will undergo a structured incubation journey comprising business diagnostics, expert mentorin

IDFC First Bank on Wednesday said it has raised USD 500 million in debt, with global investors like BlackRock, Capital Group, and Alliancebernstein anchoring its maiden international bond issuance. The bank, through its IFSC Banking Unit at GIFT City, issued the bonds having a tenure of three years and a fixed coupon of 5.625 per cent. The notes were placed with investors outside the US in Regulation S format, IDFC First Bank said in a statement. This is the bank's first international bond issuance and marks its entry into the global debt capital markets. S&P Global Ratings has assigned a 'BBB-' long-term issuer credit rating with a stable outlook to the bond issuance. "The transaction was anchored by marquee global institutional investors, including BlackRock, Capital Group, Alliancebernstein, etc. Their participation reflects strong investor confidence in the bank's financial strength, growing franchise, prudent risk management and long-term prospects," it said. The successful .

Breakout stocks: IDFC First Bank and Prestige Estates are up over 50% in FY27. The 'Golden Crossover' suggests that these stocks can potentially rally to record highs, says Jatin Gedia of Teji Mandi.

IDFC First Bank share price today: For the first quarter, IDFC First Bank reported its highest-ever quarterly PAT of ₹1,075 crore, up 132.4 per cent Y-o-Y.

Stocks to watch today: BEL, IDFC First Bank, BoB, Coal India, AU Small Finance Bank, SAIL, Maruti Suzuki, Tata Power, Allied Blenders, Jindal Steel, NTPC, ONGC and more will be focus today.

IDFC First Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore in April-June period of the current fiscal year, up 132.4 per cent from Rs 463 crore in the year-ago period. Total customer business increased to Rs 6,04,776 crore as of June 30, 2026 from Rs 5,10,031 crore as of June 30, 2025, a growth of 18.6 per cent, the bank said in a stock exchange filing. The bank further said its loans and advances increased to Rs 3,05,370 crore as of June 30, 2026 from Rs 2,53,233 crore as of June 30, 2025, a growth of 20.6 per cent. Gross NPA of the bank improved to 1.51 per cent as of June 30, 2026 from 1.97 per cent as of June 30, 2025. Net NPA, too, improved to 0.44 per cent from 0.55 per cent as of June 30, 2025. Net interest margin of the bank improved to 5.96 per cent during the quarter under review as against 5.71 per cent in the year-ago period. IDFC First Bank further said it has created a contingency provision of Rs 515 crore on a prudent ba

Q1FY27 company results: Firms including AU Small Finance Bank, Mphasis, Vedant Fashions, and Prudent Corporate Advisory Service are also to release their April-June earnings today

At 11:26 AM on the Tuesday, the Nifty Bank and Nifty Private Bank index (up 1 per cent each) and Nifty PSU Bank index up 2 per cent outperformed the Nifty 50, which was down 0.03 per cent.

The CBI has conducted searches at six locations in Chandigarh, Panchkula and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from departments of the Haryana government and the Chandigarh administration, officials said on Sunday. The searches were carried out on Friday at premises linked to senior Haryana cadre public servants and Noida-based Vipam Consultancy Pvt Ltd and its director as part of an ongoing probe into the alleged misappropriation of funds parked with IDFC First Bank and AU Finance Bank, an official statement said. According to the agency, the fraud affected eight departments of the Haryana government and two departments of the Union Territory of Chandigarh - Municipal Corporation Chandigarh and Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST). "During investigation evidences have surfaced suggesting that the public servants had colluded with bank officials and had facilitated in ...

Economists expect the RBI's FY26 surplus transfer to the government to exceed last year's record Rs 2.7 trillion dividend payout

Stocks to Watch today, April 27, 2026: From Reliance Industries to Axis Bank, here are few stocks that will be on investors' and traders' radar

The bank said its performance was supported by strong growth in net interest income (NII) and a sharp decline in provisions, even as operating profit came under pressure

Q4FY26 company results: Firms including RBL Bank, UCO Bank, SBFC Finance, MIC Electronics, and Sejal Glass are also to release their January-March earnings today

The CBI is all set to take over the case of embezzlement of Rs 590 crore from the Haryana government's accounts maintained with IDFC First Bank in Chandigarh, official sources said Thursday. The Haryana government had decided last month to hand over the probe to the central agency, they said. "We are in the process of taking over," an official in the know of the development said, adding that an FIR will be registered soon on the basis of the case registered by the Haryana State Vigilance and Anti-Corruption Bureau (SV & ACB) FIR. According to the IDFC First Bank, the alleged Rs 590-crore fraud was committed by its employees and others in accounts held by the Haryana government with the private sector lender. The SV & ACB has arrested a number of people in the case, of which two are ex-IDFC First Bank employees and the rest are private persons who own a partnership firm. According to the police and ED allegations, Haryana government funds were supposed to be deposited by ...

Additional payout raises total settlement to ₹645 crore after reconciliation of claims linked to a fraud involving a Haryana government account

IDFC First Bank said it paid ₹645 crore to clients after claims linked to a suspected fraud at its Chandigarh branch, ₹55 crore higher than the initial estimate of ₹590 crore

The State Vigilance and Anti-Corruption Bureau in Haryana on Saturday arrested a state government employee in connection with the Rs 590 crore IDFC First Bank fraud case. Official sources said the employee's role is under the scanner in the fraud case, which rocked the state on Sunday after the private lender disclosed a Rs 590 crore fraud committed by certain employees and others at one of its branches in Chandigarh, targeting state government accounts. The accused employed with the panchayats department was produced before a court in Panchkula, which sent him to six-day police remand, the sources said. On Tuesday, the Anti-Corruption Bureau (ACB) arrested four people, including the alleged masterminds behind the fraud, with a private firm owned by the wife of a former employee emerging at the centre of the financial irregularities. Two of those arrested are former employees of the IDFC First Bank, while the other two are private individuals who ran a partnership firm that alleged

IDFC First Bank said it has refunded 100 per cent of the principal and interest amount claimed by the relevant departments of the Haryana government

Haryana's State Vigilance and Anti-Corruption Bureau has arrested four people in the IDFC First Bank fraud case, officials said on Wednesday. Of the four arrested, two are ex-IDFC First Bank employees and two are private persons who own a partnership firm, they said. The arrests were made on Tuesday evening as part of the ongoing investigation of the IDFC First Bank fraud case, they said. Earlier, the Anti-Corruption Bureau registered an FIR, while the state government constituted a committee to examine the fraud. On Sunday, the IDFC Bank disclosed a Rs 590-crore fraud committed by its employees and others in accounts held by the Haryana government. On Tuesday, Chief Minister Nayab Singh Saini said in the Assembly that the government will spare no one involved in the fraud. Leader of Opposition Bhupinder Singh Hooda and Haryana Congress chief Rao Narender Singh have demanded a CBI probe in the matter.