Life Insurance Corporation of India (LIC) has entered into a tie-up with IDFC First Bank Ltd under corporate agency arrangement. This tie-up will facilitate more than 1 crore…
Read more LIC enters into tie-up with IDFC First Bank under corporate agency arrangementIDFC First Bank’s net profit for Q3 FY24 rose 18 per cent on year to ₹716 crore. Sequentially, the profit after tax was 4.7 per cent lower, largely due…
Read more IDFC First Bank posts ₹716 crore PAT for Q3, up 18 per cent YoYIDFC FIRST Bank is confident of clocking a much stronger profit growth over the next five years on the back of a good show in its core operating…
Read more IDFC FIRST Bank foresees steady surge in profit in next few yearsIDFC First Bank posted a net profit of ₹765 crore for Q1 FY24, up 61 per cent y-o-y, driven by strong growth in core operating income of 39 per cent to…
Read more IDFC First Bank Q1 PAT up 61%, asset quality improvesProvisional figures for Q1FY24 released by banks and NBFCs show that both credit and deposit growth remained robust during the quarter led by sustained demand for retail credit…
Read more Banks, NBFCs’ provisional Q1 figures show robust credit, deposit growthIDFC First Bank is close to signing a deal to acquire Vaya Finserv’s entire microfinance loan portfolio for about ₹1,000 crore. “The portfolio buyout is intended at meeting…
Read more IDFC First Bank to acquire Vaya MFI’s assets for ₹1,000 croreSanjiv Chadha, MD & CEO of Bank of Baroda, says the usual link between growing the business and growing the physical footprint has broken for all times to…
Read more Use of technology in banking, its obstacles explained by top Indian bank CEOsAfter months of anticipation, the Reserve Bank of India (RBI) on Tuesday said that it would launch its first pilot for retail digital Rupee, or e₹-R, on December…
Read more Digital Rupee coming on Dec 1: How will it work and what does it mean for you?IDFC First Bank has rolled out a sticker-based debit card, called FIRSTAP. The launch is in association with National Payments Corporation of India (NPCI), to facilitate transactions by…
Read more IDFC First Bank launches sticker-based debit card, FIRSTAP
