IDFC First Bank Partners with Crunchfish to Demonstrate Offline Retail Payments
On Monday, IDFC First Bank partnered with Swedish company Crunchfish to pilot a project demonstrating offline retail payments. IDFC First Bank will be part of...
Tag : IDFC First Bank
Yes Bank Shares Flat as SBI’s 3-Year Lock-In Period Ends This Week
Shares of YES Bank opened lower on Monday as State Bank of India’s (SBI) three-year lock-in period ended this week. However, the stock recovered quickly...
Vodafone Idea Approaches Banks For Loans Cost Rs 7,000 Crore
Vodafone Idea (Vi) has allegedly advanced several banks to contract loans adding up to Rs 7,000 crore, per the media report. State Bank of India,...
Sensex, Nifty End Last Session of 2022 in Red, PSB, Metals Rise
India’s benchmark index closed lower in volatility on the final trading day of the 2022 calendar year. The BSE Sensex shed 293.14 points or 0.48%...
RBI Shortlists Five Banks for Its Digital Currency Pilot Project
The Reserve Bank of India has partnered with at least five banks to launch a pilot project for its digital currency, the digital rupee, for...
IDFC First Bank Allots Equity Shares Under ESOS
The total number of equity shares allotted by IDFC First Bank is 9,65,150 as per the face value of Rs 10 for each fully paid-up....
HDFC Bank, Punjab National Bank Hikes Interest Rates on Fixed Deposits
Banks continued to raise fixed deposit rates on Thursday, including HDFC Bank and Punjab National Bank (PNB). While HDFC Bank raised rates by up to...
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...
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...