IDFC

IDFC, Shriram merger called off over share swap disagreement

As per the plans, almost all key businesses of the Shriram Group were to merger with either IDFC Bank or IDFC.

Oct 30, 2017, 17:42 PM IST

IDFC plans Rs 10,000 crore fund raise for biz expansion

IDFC will seek its shareholders' approval to raise Rs 10,000 crore by issuing debt securities on private placement basis.

Jul 03, 2017, 22:29 PM IST
IDFC issues commercial papers of Rs 700 crore

IDFC issues commercial papers of Rs 700 crore

Infrastructure lender IDFC Ltd has issued commercial papers (CPs) worth Rs 700 crore earlier this week.

Sep 17, 2016, 19:11 PM IST
 Subramanian Swamy terms IDFC's Rs 550-cr loan to GSTN as 'loot'

Subramanian Swamy terms IDFC's Rs 550-cr loan to GSTN as 'loot'

Continuing to attack the firm set up by the UPA government to provide support structure for GST rollout, BJP MP Subramanian Swamy today alleged "loot" in IDFC extending a Rs 550-crore loan to GSTN on government guarantee.

Sep 09, 2016, 20:45 PM IST

Key reasons for investing in Tata steel and IDFC

IDFC is currently trading at 51.30 with the rise of 2.81%. 

Jul 08, 2016, 16:14 PM IST

IDFC Alternatives raises Rs 475 crore to invest in housing projects

IDFC Alternatives has raised Rs 475 crore in its third real estate fund to invest in residential projects across seven major cities.

May 12, 2016, 20:13 PM IST

IDFC gets RBI nod for using Rs 2,500 crore reserve as provision

Infrastructure finance firm IDFC on Saturday said it has got regulatory approval to utilise Rs 2,500 crore non-distributable reserves for provisions against bad loans as part of exercise to clean its book before venturing into universal banking.

Sep 19, 2015, 15:59 PM IST

IDFC to set aside additional Rs 2.5K cr as special reserve

IDFC on Friday said government's moves on gas and power sector have not had desired impact and it is forced to create a special reserve of Rs 4,500 crore to cover expected losses from power sector loans, which will ring-fence its soon-to-be-launched universal bank.

Jul 31, 2015, 20:42 PM IST

IDFC to make additional provisioning of Rs 2,500 cr, will impact net

"Given that we will be transitioning to a bank by the end of second quarter of 2015-16 with no visible solution for these assets, we believe it is prudent for us to make incremental provisions against known risks," IDFC said in a BSE filing.

Jul 31, 2015, 13:11 PM IST

IDFC Q1 net dips 46% to Rs 241 cr

Total income increased marginally to Rs 2,087.08 crore for the quarter ended June 30, from Rs 2,039.17 crore for the quarter ended June 30, 2014, IDFC said in a BSE filing.

Jul 30, 2015, 13:09 PM IST
IDFC gets RBI nod for starting banking operation

IDFC gets RBI nod for starting banking operation

The bank proposes to start operations with 20 branches.

Jul 24, 2015, 11:21 AM IST

IDFC bank branches to be mix of metros, backward areas

IDFC, which is targeting full-fledged debut as bank by October, Tuesday said it is working on a "binary strategy" that will entail opening branches in metros as well as backward districts of the country.

Jun 16, 2015, 15:28 PM IST

Ajay Mahajan is IDFC's Commercial, Wholesale Banking Head

"In this role, Mahajan will oversee coverage of SME, mid-cap and large corporates, financial institutions, government business and transaction banking, treasury and markets and investment banking," IDFC said in a statement.

Jun 15, 2015, 17:42 PM IST

Fitch retains BBB- rating on IDFC despite asset quality risks

Rating agency Fitch on Friday affirmed 'BBB-' rating with a stable outlook on infra lender IDFC -- which is racing to convert itself as a commercial bank -- despite the company facing severe asset quality issues.

May 29, 2015, 19:34 PM IST

IDFC to sign out of Nifty tomorrow, Bosch in

A host of modifications will also be introduced by its Index Maintenance Sub-Committee in various other NSE indices such as CNX Nifty Junior, CNX 100, CNX 200, CNX 500 and CNX Service Sector during a periodic review.

May 28, 2015, 13:36 PM IST

Banking sector likely to witness up to 25% increase in hiring

There will be a significant increase in the salary at mid and senior levels, with most of the companies expanding their portfolio in the sector to retain the talent and compensation and increment rate can go anywhere between 10-15% for top performers.

May 24, 2015, 11:12 AM IST

IDFC to increase provisioning for exposures

The power sector comprises 40 percent of IDFC's book, which decreased 8 percent in FY15 to Rs 54,745 Cr.

May 04, 2015, 18:37 PM IST

IDFC Q4 net up 48.17% to Rs 382.21 cr

Infrastructure finance company IDFC Thursday reported a 48.17 percent jump in consolidated net profit at Rs 382.21 crore for the fourth quarter ended March 31, 2015.

Apr 30, 2015, 21:45 PM IST

IDFC to exit Nifty index, Bosch new replacement

Infrastructure financing firm IDFC will move out of the National Stock Exchange's benchmark index Nifty and will be replaced by auto component major Bosch.

Apr 29, 2015, 22:07 PM IST

IDFC to exit Nifty index, Bosch new replacement

Infrastructure financing firm IDFC will move out of the National Stock Exchange's benchmark index Nifty and will be replaced by auto component major Bosch.

Apr 29, 2015, 20:22 PM IST