Idfc First Bank

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  RBI Penalises LIC Housing Finance, IDFC First Bank Over Violation

  The Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on IDFC First Bank and Rs 49.70 lakh on LIC Housing Finance for violation of certain norms.

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  IDFC First Bags Title Sponsorship Rights For All BCCI International, Domestic Matches

  The Board of Control for Cricket in India (BCCI) on Friday announced IDFC First Bank Limited to acquire the title sponsorship rights for all BCCI international and domestic matches.

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  No Credit Quality Concerns With Adani Group Firms: SBI Official

  Private sector lender IDFC First Bank clarified to the exchanges on Thursday that the bank's funded outstanding toward Adani Group companies is only 0.06% of its funded assets as of December 2022.

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  Rise In Liquidity Surplus May Not Sustain Through Fiscal Year End As Demand Picks Up: Report

  IDFC First Bank expects a balance of payments deficit of $61 billion and currency leakage of 2.3 trillion rupees for this financial year, said Gaura Sen Gupta, India economist at IDFC First Bank.

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  Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts

  India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.

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  RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks

  The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.

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  Rupee May Sink To 82.50 On Rising Dollar, Funding Gap: IDFC Bank

  The rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge and the country's balance of payment deficit, IDFC First Bank said in a research note.

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  IDFC First Bank Profit Jumps Over 165% To Rs 343 Crore In March Quarter

  IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and lower provisioning for bad loans.

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  "Wonderful Gesture": Social Media Praises IDFC Bank CEO's Philanthropic Move

  IDFC First Bank CEO V Vaidyanathan is known for his philanthropic gestures, and has gifted roughly 38 per cent of his stake in the bank since 2018.

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  IDFC Bank CEO Gifts $500,000 Of Shares To Chauffeur, Maths Tutor

  The chief executive officer of IDFC First Bank Ltd. gifted $530,000 worth of the shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy in India.

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  IDFC First Bank Chief Gifts Shares To Driver, Other Support Staff

  IDFC First Bank Managing Director and Chief Executive Officer V Vaidyanathan has gifted nine lakh shares to five persons including his driver and support staff.

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  Manali Tourism Body Okays IDFC First Bank To Collect Green Tax Via FASTag

  Tourism Development Council Manali has authorised IDFC First Bank to collect the green tax by way of FASTag from motorists entering the city

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  HPCL Partners With IDFC First Bank To Enable Fuel Payments Through FASTag

  IDFC FIRST Bank's FASTags can also be bought, recharged, and replaced by passenger vehicle users at selected HPCL retail outlets.

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  IDFC First Bank Net Profit Rises 50% To Rs 152 Crore In September Quarter

  IDFC First Bank Q2 Results: The banks core operating income - the net of interest expense and excluding trading gains, increased by 41 per cent to Rs. 2,930 crore in the September quarter

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  Bankers In A Huddle As Court Rulings Threaten Over $6 Billion In Loans

  Supreme Court has blocked Future Group's $3.4 billion retail assets' sale to Reliance Industries, jeopardising nearly $2.69 billion it owes to banks.