IDFC First Bank raised Rs 3,200 crore by selling shares to six insurance companies, including LIC and HDFC Life. The bank allotted more than 39.68 crore shares for Rs 80.63 per scrip.

Interest rate-sensitive auto, realty, and bank stocks surged on Friday after the Reserve Bank of India (RBI) left key interest rates unchanged, focusing on inflation amid robust economic growth.

IDFC First Bank's board approves Rs 3,200 crore fundraise through preferential share issue to fuel business growth. The move will see LIC, HDFC Life, and Aditya Birla Sun Life increase their stakes.

IDFC First Bank shareholders and NCD holders have approved the merger of parent IDFC Ltd with the lender. The amalgamation will create a full-service universal bank with no promoter entity.

Reserve Bank of India (RBI) approves Pradeep Natarajan as Whole Time Director on the Board of IDFC FIRST Bank, the private sector lender.

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

Integra Essentia's net profit rose to Rs 2.45 crore in the June quarter, driven by increased revenue. The company's total income reached Rs 88.09 crore.

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Confederation of Indian Industry National MSME Council Co-Chairman calls for active government support in digitizing MSMEs and expanding market access.