IDFC to raise up to Rs 80,000 crore to expand business

Last Updated: Friday, August 28, 2015, 22:36

Infra-sector lender IDFC Ltd on Friday said its board has approved raising of up to Rs 80,000 crore by issuing non-convertible securities on private placement basis to expand business.

IDFC Bank to start lending services from October 1

Last Updated: Tuesday, August 4, 2015, 15:23

With the demerger of financial undertaking from IDFC Ltd, IDFC Bank will kick-start its lending operations from October 1, 2015.

IDFC gets shareholders nod; banking unit from Oct

Last Updated: Friday, April 10, 2015, 18:04

Infrastructure financing firm IDFC Ltd on Friday said it has received shareholders approval to its demerger scheme to set up a wholly-owned subsidiary IDFC Bank.

IDFC Q3 net declines 15.7% to Rs 400.8 cr

Last Updated: Thursday, January 29, 2015, 18:26

Infrastructure lending firm IDFC Ltd has registered 15.7 percent drop in standalone net profit at Rs 400.80 crore for third quarter ended December, 2014-15, on account of higher provisioning for bad loans.