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IDFB.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

India's IDFC Bank Sept-qtr profit falls about 40 pct
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - IDFC Bank Ltd ::Sept-quarter net profit 2.34 billion rupees versus 3.88 billion rupees last year.Sept-quarter interest earned 22.20 billion rupees versus 20.83 billion rupees last year.Sept-quarter gross NPA 3.92 percent versus 4.13 percent previous quarter.Sept-quarter net NPA 1.61 percent versus 1.70 percent previous quarter.  Full Article

IDFC Bank Sept-qtr profit rises
Tuesday, 25 Oct 2016 

IDFC Bank Ltd : Sept-quarter net profit 3.88 billion rupees . Sept-quarter interest earned 20.83 billion rupees . Sept-quarter provisions 223.4 million rupees . Sept-quarter gross NPA 5.96 percent versus 6.09 percent previous quarter .Sept-quarter net NPA 2.44 percent versus 2.32 percent previous quarter.  Full Article

IDFC Bank says co, IDFC Ltd not approved proposal for merger/reverse merger
Tuesday, 2 Aug 2016 

IDFC Bank Ltd : Neither board of co nor IDFC Ltd approved any proposal for merger/reverse merger of co and IDFC Ltd . Neither IDFC Ltd nor IDFC Bank Ltd has yet made any formal application to RBI or any other regulatory bodies .  Full Article

IDFC Bank posts June-qtr profit
Tuesday, 26 Jul 2016 

IDFC Bank Ltd : June-quarter net profit 2.65 billion rupees; interest earned 19.75 billion rupees; June-quarter provisions 236.1 million rupees . June-quarter gross NPA 6.09 percent versus 6.16 percent previous quarter; June-quarter net NPA 2.32 percent versus 2.39 percent previous quarter .  Full Article

IDFC Bank to acquire 100 pct of Grama Vidiyal Micro Finance Ltd
Tuesday, 12 Jul 2016 

IDFC Bank Ltd : To acquire a microfinance co . Further company coverage [IDFB.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

Dilip Shanghvi, IDFC Bank, Telenor withdraw plans for payment bank
Friday, 20 May 2016 

Dilip Shanghvi Family & Associates: Dilip Shanghvi Family & associates - Dilip Shanghvi, IDFC Bank and telenor financial services jointly agree to withdraw plans to establish a payments bank venture . Dilip Shanghvi Family & associates - payment bank license will not be pursued .  Full Article

IDFC, Shriram call off merger talks

India's IDFC Group said on Monday that talks to acquire some of Shriram Group's financial services businesses have been called off.