Markets Shrug Off Central Bank Rate Hikes as Rate-Sensitive Stocks Continue to Climb
Shares of car companies and banks were either steady or climbing after the Reserve Bank of India raised the repo rate (the rate the RBI...
Tag : IDFC First Bank
IDFC First Bank Reports Highest Profit Ever, Up 10%
IDFC First Bank surged 10% to a high of Rs 41.30 in intraday trade on Monday after the private sector bank reported strong earnings for...
RBI Closer to Its Inflation Mandate Than Other Central Banks
Central banks worldwide have been raising interest rates frantically to curb inflation. The Reserve Bank of India (RBI) is closer to its inflation target than...
Sensex Closes at 327 Points, Metals Dips
Today, the equity market is close higher after three days’ loss. The gains in equities coincided with ease in bond yields, where the returns on...
FPL Technologies Raises $75 Million Led By QED Investors
Fintech FPL Technologies has raised $75 million in its Series C funding led by existing investor QED Investors with other investors such as Janchor Partners,...
IDFC First Bank Addresses Concerns Over VI Exposure in Annual Report
The private lender, IDFC First Bank in its annual report, addressed the concerns that some of the investors would have about its exposure to the...
IDFC First Bank Cuts Savings Interest Rate to Up to 4%
IDFC First Bank has cut the interest rate on savings accounts from 6 per cent to 4-5 per cent for a minimum account balance above...
OfBusiness Raises $110 Million Led by Falcon Edge
OfBusiness, which lends to small enterprises by providing raw material in addition to just capital, said on April 8 that it has raised $110 million...
IDFC First Bank Raises Rs 3,000 Crore Via QIP Issue
IDFC First Bank has raised Rs 3,000 crore through a qualified institutional placement (QIP) offer, the company said. IDFC First Bank informed in an exchange...
Angel Broking Sees A 22% Upside In The Stock Price
Angel Broking is a financial services company providing broking and advisory services, margin funding, loans against shares, and financial products distribution to its clients. One...