Page 10 - Idfc First Bank

5G to give opportunities to expand financial coverage: IDFC First Bank head

Availability of high-speed internet in rural areas will present huge opportunities and help improve the penetration of financial services in the country, IDFC First Bank MD and CEO V Vaidyanathan said

Banking stocks see strong gains, Bank Nifty rallies 11% in three days

The gains come after huge selling pressure and consequent under-performance of banking stocks since the start of March

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis

V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.

As banker it is my first job to be safe: IDFC First Bank CEO V Vaidyanathan

From now on, the system should open up systematically as people's financial cushions could vanish soon, he says

IDFC First Bank to raise Rs 2,000 cr capital from promoter, Warburg Pincus, 3 others

Under the fundraising, the equity shares will be issued at Rs 23.19 apiece to the existing and new investors, subject to shareholders' nod and other approvals.

IDFC First Bank hits new low as MD & CEO Vaidyanathan sells 27 mn shares

V. Vaidyanathan, MD & CEO of the bank sold 27 million shares on Thursday for approximately Rs 58 crore and intends to sell about Rs 35 crore worth of stocks today to close ESOP loan availed by him.

Private lenders' 'act of kindness' to YES Bank irks investors

Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender

IDFC First Bank plans to invest Rs 250 crore in crisis-hit YES Bank

The authorised capital of Yes Bank has been increased to Rs 6,200 crore, Finance Minister Nirmala Sitharaman said on Friday.

IDFC First Bank to raise up to Rs 2000 cr in tier-II debt capital via bonds

Funded assets of the bank rose marginally to Rs 1.06 trillion in December 2019 from Rs 1.04 trillion a year ago

IDFC First Bank posts pre-tax loss of Rs 1,623 crore in Q3

Makes heavy provision for telecom and legacy infra loan

Voda Idea tanks 39% on AGR blow but Airtel jumps as analysts remain bullish

With this, the telcos will have to together pay an estimated Rs 1.47 trillion in AGR dues that include penalties and interest on penalties by January 23.

Retail, telecom help RIL beat Indian Oil to be number one player by revenue

Fortune India list shows RIL as India's top firm in FY19

Derivatives strategy on IDFC First Bank by HDFC Securities

Derivative call by Nandish Shah, Technical Analyst, HDFC securities

Rupee only emerging Asian currency to slide this qtr; losses to gather pace

The rupee dropped to 72.2425 per dollar earlier this month, a whisker away from a nine-month low of 72.4075 set in September.

I am building a bank for the long run: IDFC First Bank CEO V Vaidyanathan

IDFC First Bank CEO talks about the journey so far and the road ahead for the bank

IDFC First Bank progressing on its promises after performance lull

Reasonable improvement in deposit accretion and sharp increase in profitability are the key achievements in Sept quarter

IDFC First Bank reports Q2 loss of Rs 680 cr on one-time tax impact

The profit before tax came at Rs 100 crore, as against a loss of Rs 583 crore in the year-ago period

Derivative strategy from HDFC Securities: Buy IDFC First Bank

Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.

IDFC First Bank gains 14% in two days post June quarter results

The stock rose 10 per cent to Rs 43 on Friday, gaining 14 per cent in the past two trading days on the BSE.

Street cautious about IDFC First Bank's ability to achieve its goals

The Street is cautious about the bank's ability to achieve its goals