Page 3 - Idfc Bank

IDFC Bank is betting on expanding its retail presence

How will IDFC Bank now take care of its impaired balance sheet and grow at the same time?

IDFC Bank aims to triple branches, increase POS by 100% in 36 months

The bank is unlikely to wait for the merger with Shriram Group to follow through with plans

IDFC Bank to speed up lending, aims to achieve goal of mass retail banking

IDFC Bank, which concluded first full year of operations in FY2017, said that its vision is to become a mass retail bank in 5 years. To support this growth, the Bank plans to to accelerate the pace of retail lending and retail liability acquisition. The Bank plans to double the share of its retail book, systematically bring down the proportion of the corporate funded book, and further reduce exposure to infrastructure over the next two to three years. The Bank has commenced its banking operations w.e.f. October 01, 2015. The Annual General Meeting of bank shareholders is slated for July 28, 2017 Chennai. In a letter to the shareholders, Rajiv B. Lall, Founder Managing Director & CEO of IDFC Bank said that un the past year, the Bank has made significant progress on its objective to transform into a mass retail bank. He said, partnerships and alliances will play a critical role in this journey. Delivering banking products and solutions across networks owned by business ...

Sebi settles case with IDFC bank for Rs 10.74 lakh

IDFC Bank allegedly made delayed disclosure under PIT Regulations

IDFC Bank sells loan accounts worth Rs 2,070 crore to ARC

The gross NPAs and net NPAs of IDFC Bank were at Rs 1,542 crore and Rs 576 crore

IDFC Bank plans to double retail book

Claims to have mobilised Rs 400 crore through digital banking

IDFC Bank net rises 6.6% in Q4

Acquisitions in microfinance space on cards

IDFC Bank Q4 net profit edges up to Rs 176 crore

The corresponding figure in the previous financial year read Rs 165.10 crore

Campaign logic: Simple solutions for simple problems

IDFC Bank's campaign for Aadhaar Pay builds a case for digital payments in a light-hearted manner

IDFC Bank plans to raise non-convertible debt on private placement

Board to meet next month to mull issue; disclose quantum of funds to be raise not disclosed

IDFC Bank dips after huge block deals

The stock dipped 4% to Rs 68.15 on the NSE in intra-day trade after more than 2% equity of IDFC Bank changed hands through block deals

IDFC Bank Q2 net profit up 46% at Rs 388 crore

Net interest income stood at Rs 509.9 crore, slightly down from Rs 515.2 crore in first quarter of FY17

Analysts keep faith in IDFC Bank's growth story

Rich valuations could cap upside for the IDFC Bank stock in the near term. But an approval to merge IDFC into the bank will aid the parent's share price

IDFC Bank bets big on retail play

In the last few months, the bank has aggressively turned its focus on retail

IDFC Bank hits new high; m-cap crosses Rs 25,000 crore

The stock hit an intra-day high of Rs 81, rallied 59% from Rs 51 since July 25, post Q1FY17 results.

By March 2020, 60% of our loan book should be in retail and SME: Rajiv Lall

Interview with Managing director, IDFC Bank

IDFC Bank for acquisitions & fintech tie-ups to grow retail book

Bank will not focus on niche platforms focused on high-end customers, but on those that bring to it mass and mass-affluent customers

Former RBI Deputy Governor Anand Sinha joins IDFC Bank board

This comes after Vinod Rai, the former CAG chief, stepped down after serving on the board for a year

IDFC Bank, IDFC come a step closer to merger

The lender had stated it was in talks with the regulator to explore the possibility of a merger

IDFC Bank plans to double profits in 4 years

The lender also plans to expand its footprints across 10 states and 20 cities by the end of FY17