Brief: IDFC First Bank Approves Fundraise Of Up To 75 Billion Rupees
17/04/2025 06:40
April 17 (Reuters) - IDFC First Bank Ltd IDFB.NS: IDFC FIRST BANK - APPROVES FUNDRAISE OF UP TO 75 BILLION RUPEES IDFC FIRST BANK - INVESTMENT AGREEMENT BETWEEN CURRANT SEA INVESTMENTS B.V., BANK IDFC FIRST BANK - APPROVED ISSUANCE OF SECURITIES BY WAY OF PREFERENTIAL ALLOTMENT IDFC FIRST BANK - APPROVED PREFERENTIAL ISSUE WORTH 48.76 BILLION RUPEES TO WARBURG PINCUS LLC AFFILIATE IDFC FIRST BANK - PREFERENTIAL ISSUE OF 26.24 BILLION RUPEES TO ABU DHABI INVESTMENT AUTHORITY UNIT IDFC FIRST BANK - WARBUG PINCUS TO HOLD 9.48%, ADIA TO HOLD 5.10% OF BANK ON CONVERSION OF CCPS IDFC FIRST BANK - PROPOSED FUND RAISE WILL INCREASE BOOK VALUE PER SHARE BY 2.3% IDFC FIRST BANK - PROPOSES TO GROW THE OVERALL LOAN BOOK AT ABOUT 20% FOR NEXT FEW YEARS Source text: ID:nBSE5KPXDG Further company coverage: IDFB.NS ((reuters.briefs@thomsonreuters.com;))
Recent news on IDFC First Bank
See all newsBrief: IDFC First Bank Gets 5.15 Bln Rupees Towards Claim Relating To MFI Portfolio Under CGFMU Scheme
Brief: India's CBI Says Files First Chargesheet In IDFC First Bank Misappropriation Case
Brief: India's Enforcement Directorate Arrested 2 Ex-Employees Of IDFC First Bank In Matter Related To Embezzlement Of Public Funds
Street View: India's IDFC First Bank core trends seen improving despite one-off hit to Q4 profit
Brief: IDFC First Bank's Loans & Advances Grew 20% Y/Y As Of March 31, 2026