PICK OF THE WEEK : IDFCBANK
5th January 2019
- IDFC Bank and Capital First have completed the merger following the receipt of all requisite shareholder and regulatory approvals. The merged entity will be called ‘IDFC First Bank’, subject to shareholders’ approval.
- IDFC First Bank will now offer a wider array of retail and wholesale banking products, services and digital innovations, to a greater number of customer segments. It will serve 7.2 million customers through its 203 bank branches, 129 ATMs, 454 rural business correspondent centers across the country’s urban and rural geographies.
- IDFC Bank has informed that the Bank has fixed December 14, 2018 as the Record Date for the purpose of Payment of Interest for Bonds.
IDFC BANK LIMITED
Our Recommentation is to