IDFC to merge with IDFC FIRST Bank, effective October 1

September 28, 2024

IDFC Ltd will merge into IDFC First Bank effective October 1, following approval from the National Company Law Tribunal. The merger will dissolve IDFC financial holdings and simplify the corporate structure. IDFC First Bank will issue new equity shares and address accumulated losses, potentially enabling future dividend payments.

More To Explore

How to Calculate Dividend Yield: A key metric for income investors

The dividend yield ratio helps investors assess income from dividends relative to stock price, indicating financial health and potential risks. High yield can signal risk,

April 13, 2025

How to calculate the EV to MCAP Ratio and why it matters for investors

The EV to MCAP ratio helps assess a company’s valuation by factoring in debt and cash. A high ratio signals leverage or strategic growth, offering

April 13, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003