Sensex, Nifty End Last Session of 2022 in Red, PSB, Metals Rise
India’s benchmark index closed lower in volatility on the final trading day of the 2022 calendar year. The BSE Sensex shed 293.14 points or 0.48%...
Tag : IDFC First Bank
RBI Shortlists Five Banks for Its Digital Currency Pilot Project
The Reserve Bank of India has partnered with at least five banks to launch a pilot project for its digital currency, the digital rupee, for...
IDFC First Bank Allots Equity Shares Under ESOS
The total number of equity shares allotted by IDFC First Bank is 9,65,150 as per the face value of Rs 10 for each fully paid-up....
HDFC Bank, Punjab National Bank Hikes Interest Rates on Fixed Deposits
Banks continued to raise fixed deposit rates on Thursday, including HDFC Bank and Punjab National Bank (PNB). While HDFC Bank raised rates by up to...
Markets Shrug Off Central Bank Rate Hikes as Rate-Sensitive Stocks Continue to Climb
Shares of car companies and banks were either steady or climbing after the Reserve Bank of India raised the repo rate (the rate the RBI...
IDFC First Bank Reports Highest Profit Ever, Up 10%
IDFC First Bank surged 10% to a high of Rs 41.30 in intraday trade on Monday after the private sector bank reported strong earnings for...
RBI Closer to Its Inflation Mandate Than Other Central Banks
Central banks worldwide have been raising interest rates frantically to curb inflation. The Reserve Bank of India (RBI) is closer to its inflation target than...
Sensex Closes at 327 Points, Metals Dips
Today, the equity market is close higher after three days’ loss. The gains in equities coincided with ease in bond yields, where the returns on...
FPL Technologies Raises $75 Million Led By QED Investors
Fintech FPL Technologies has raised $75 million in its Series C funding led by existing investor QED Investors with other investors such as Janchor Partners,...
IDFC First Bank Addresses Concerns Over VI Exposure in Annual Report
The private lender, IDFC First Bank in its annual report, addressed the concerns that some of the investors would have about its exposure to the...