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Saturday, September 26, 2020



IDFC First Bank to rollout NFC-based payment feature SafePay in a week

September 25, 2020 3:34 pm

IDFC First Bank said that the SafePay feature has been tested successfully and certified by Visa and will be available to users on the bank's mobile app in the next one week.

Rajiv Lall resigns as IDFC First Bank non-executive chairman

September 05, 2020 1:04 am

The lender said Lall “has tendered his resignation as Part-Time Non-Executive Chairman from the Board of the Bank with immediate effect citing he has been dealing with his prolonged personal health issues for a while now.”

Rajiv Lall as MD, IDFC Bank leased space to NGO headed by his wife at Re 1 a month

July 20, 2020 11:34 am

ASIC was provided 800 sq m space way back in 2009 as part of CSR (Corporate Social Responsibility) initiative by IDFC when it was an NBFC, said Deepak Parekh, who was then IDFC Chairman.

Finserv firm Capital First to merge with IDFC Bank

January 14, 2018 2:44 am

Swap ratio of 139 for 10; the combined entity to have AUM of Rs 88,000 crore; Vaidyanathan to succeed Rajiv Lall as MD and CEO of merged entity.

IDFC Bank, Capital First announce merger

January 13, 2018 3:25 pm

V Vaidyanathan, who is currently chairman and MD of Capital First, will succeed Lall as MD and CEO of the combined entity upon completion of the merger.

RBI imposes rupees two crore penalty on IDFC Bank

October 25, 2017 10:10 am

RBI said the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

IDFC Bank, Shriram Capital agree to merge

July 08, 2017 7:52 pm

IDFC Bank's Rajiv Lall said they hope to complete the merger in 12 months, excluding the exclusive 90-day period, if all regulatory approvals come in. He also said the share swap ratio will be decided only after the 90 days due diligence.

IDFC announces new bank’s board members, says focus to be on tech

September 25, 2015 3:06 am

The bank further said it won’t focus on the branches for distribution but will instead rely on technology to get consumers.

As infra loans go sour, IDFC’s October launch likely to hit roadblocks

May 22, 2015 2:41 am

The Mumbai-headquartered financial institution has claimed that its schedule for setting up an IDFC bank is on track.

Bank stocks recover post-RBI hikes

July 27, 2010 3:46 pm

The BSE banking index,which tracks share prices of 14 banks...