IDFC FIRST Bank has allotted 27,49,235 equity shares under ESOS on 05 November 2024. With this allotment, the paid up equity share capital stands increased to Rs 73,19,01,87,540 /- comprising of 7,31,90,18,754 equity shares of Rs 10/- each fully paid-up.Powered by Capital Market - Live News

The Board of IDFC First Bank at its meeting held on 26 October 2024 has approved the appointment of Sudhir Kapadia (DIN: 05307843) as an Additional Director in the category of Independent Director of the Bank, to hold office for his first term of 4 (four) consecutive years commencing from 26 October 2024 till 25 October 2028 (both days inclusive), subject to approval of shareholders of the Bank. Powered by Capital Market - Live News

Net profit of IDFC First Bank declined 71.62% to Rs 211.94 crore in the quarter ended September 2024 as against Rs 746.85 crore during the previous quarter ended September 2023. Total Operating Income rose 21.76% to Rs 8957.02 crore in the quarter ended September 2024 as against Rs 7356.27 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income8957.027356.27 22 OPM %29.9940.49 - PBDT245.09982.82 -75 PBT245.09982.82 -75 NP211.94746.85 -72 Powered by Capital Market - Live News

IDFC FIRST Bank announced that CRISIL Ratings has assigned `CRISIL AAA/Stable` rating to Rs 1,60,000 crore Fixed Deposits of the Bank. Further, CRISIL has re-affirmed CRISIL AA+/Stable` rating and `CRISIL A1+` rating to the Tier-II bonds (under Basel III) of the Bank amounting to Rs 8,000 crore and Certificate of Deposits amounting to Rs 45,000 crore, respectively.Powered by Capital Market - Live News

IDFC First Bank will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live News