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The Reserve Bank of India had permitted infrastructure finance company IDFC to exit IDFC First Bank. RBI had earlier said that after the expiry...
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The Reserve Bank of India had permitted infrastructure finance company IDFC to exit IDFC First Bank. RBI had earlier said that after the expiry...
National Payment Corporation of India (NPCI) has introduced a new functionality called UPI AutoPay for recurring payments. Introduced under UPI 2.0, the functionality enables...
The Competition Commission of India (CCI) has approved the merger of IDFC Bank and Capital First. The merger, however, is to secure RBI’s approval....
IDFC Bank is implementing a plan to make ration shops banking outlets. It is enrolling Public Distribution System agents as business correspondents. The bank...
IDFC Bank has launched an Aadhaar-linked cashless merchant solution that uses a retailers’ smartphone to enable digital payments. The tool, Aadhaar Pay, has been...
Malaysian wealth fund Khazanah Nasional’s unit Sipadan Investments (Mauritius), which has a stake in IDFC Bank, has almost all of its stake in a...
IDFC Bank has introduced a current account without any minimum balance requirement. The bank is also offering cloud-based billing solutions and credit card and...
IDFC Bank has launched its services in Meghalaya. The bank opened its first branch in Shillong and has set up interoperable micro ATMs in...
IDFC, the parent company of IDFC Bank, said it is in discussions with regulators on a possible merger of the two entities. Such a...
IDFC Bank has acquired Trichy-based Grama Vidiyal Microfinance for a deal is estimated at nearly Rs 300 crore. This is the first time an...