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Following the revision, IDFC FIRST Bank now offers interest rates between 3% and 7.50% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to10 years. For senior ...
Meanwhile, the IDBI Bank has also discontinued its couple of its special FDs. These include FD tenures of 300 and 375 days. Notably, the RBI on April 9, 2025 cut the repo rate by 25 basis points, ...
The Reserve Bank of India (RBI) has levied penalties on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank due to regulatory compliance failures. These banks did not adhere to specific ...
IDFC FIRST Bank will raise up to 75 billion rupees ($877 million) from affiliate firms of private equity group Warburg Pincus and the Abu Dhabi Investment Authority (ADIA) sovereign wealth fund ...
He recalled the first time the family met Barack and their first impressions. “I remember mom’s first thing was, ‘Oo at least he’s tall.’ Because Mich was usually posting up her other ...
Punjab National Bank and IDFC First Bank. On April 17, 2025, the RBI announced a fine of Rs 1.29 crore on several prominent financial services firms. According to an official statement, a penalty of ...
The Reserve Bank of India (RBI) has imposed a penalty of ₹38.60 lakh on IDFC First Bank for non-compliance with provisions under its Know Your Customer (KYC) norms, the lender confirmed the RBI action ...
Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. As a working mom of two young kids, not a day goes by that I don’t hear from fellow ...
Managing your savings efficiently is key to achieving financial security. However, post pandemic, most individuals are struggling to manage their savings. As per a report on X, over 57% of Indians ...
IDFC First Bank shares see sharp recovery; board approves raising Rs 7,500 cr via preferential issue
IDFC First Bank: The share price of IDFC First Bank has risen more than 8% in the past five trading days. (Image: IDFC Bank/ website) IDFC First Bank’s share price recovered sharply after ...
IDFC FIRST Bank's share price fell over 4% after the bank's board approved a plan to raise up to Rs 7,500 crore from two prominent investors, Warburg Pincus and Abu Dhabi Investment Authority. This ...
IDFC FIRST Bank is set to receive a significant capital boost, with global investment giants Warburg Pincus and the Abu Dhabi Investment Authority (ADIA) committing a combined infusion of Rs 7,500 ...
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