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  • IDFC Bank buys microfinance firm Grama Vidiyal, shares jump

    IDFC Bank buys microfinance firm Grama Vidiyal, shares jump over 8 pc

    Jul 12, 2016, 06:40 PM IST

    Private sector lender IDFC Bank on Tuesday announced that it will acquire Tamil Nadu-based microfinance institution (MFI) Grama Vidiyal for an undisclosed amount in a move aimed at helping it widen its reach.

  • banking licence to idfc may affect infra sector sbi

    Banking licence to IDFC may affect infra sector: SBI

    Apr 05, 2014, 09:59 PM IST

    Kolkata: The State Bank of India (SBI) today welcomed competition in the banking sector but apprehended that IDFC's entry into banking may impact the infrastructure sector.“We welcome RBI's decision on banking licence. Only thing is

  • idfc bandhan get bank licences coprorate houses left out

    IDFC, Bandhan get bank licences, coprorate houses left out

    Apr 02, 2014, 07:55 PM IST

    New Delhi: Ending days of suspense, the Reserve Bank today granted banking licences to infrastructure financing firm IDFC and microfinance institution Bandhan from among 25 applicants that included corporate heavyweights ADAG Group, Aditya Birla Group

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  • idfc plunges 9 on decrease in fii holding limit

    IDFC plunges 9% on decrease in FII holding limit

    Aug 27, 2013, 11:35 AM IST

    New Delhi: IDFC scrip plunged nearly 9 per cent today after the company said that the ceiling limit of its overall foreign shareholding has been reduced to 54 per cent, from 74 per cent earlier.IDFC

  • idfc looks for exit from gurgaon highway deal

    IDFC looks for exit from Gurgaon highway deal

    Aug 08, 2013, 11:44 AM IST

    New Delhi, Aug 8: Six months after the National Highways Authority of India (NHAI) announced that IDFC Ltd would buy out a 74% stake in the Delhi-Gurgaon expressway from the concessionaire DSC, the deal has

  • idfc q1 net rises 47 to rs 560 cr

    IDFC Q1 net rises 47% to Rs 560 cr

    Jul 29, 2013, 05:02 PM IST

    New Delhi, July 29: IDFC Limited on Monday said its consolidated net profit rose by 46.9 per cent to Rs 560.73 crore in the first quarter ended June 30, 2013.The financial services company had reported

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  • religare idfc shares surge up by 4.45 on bank licence plans

    Religare, IDFC shares surge up by 4.45% on bank licence plans

    Jun 19, 2013, 01:12 PM IST

    Mumbai, June 15: Shares of Religare Enterprises and IDFC today rose by as much as 4.5 per cent triggered by smart investor buying amid bank licence plans by both the companies.Shares of Religare Enterprises surged

  • idfc net soars 37 to rs 423cr rajiv lall elevated as

    IDFC net soars 37% to Rs 423cr; Rajiv Lall elevated as chairman

    May 02, 2013, 10:02 AM IST

    New Delhi, May 2: Infrastructure financier IDFC on Wednesday announced that its current Managing Director and Chief Executive Rajiv Lall will replace veteran banker Deepak Parekh as the new chairman of the company."Parekh has relinquished

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