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Announcements and dividends declared by First Bank FRBA

CCI approves IDFC merger plan with IDFC First Bank
The Competition Commission of India (CCI) has approved the merger plan of IDFC with IDFC First Bank. The approval was granted under the Green Channel Route. However, the merger is still subject to various statutory and regulatory approvals, including those
Announcement as on 17 October 2023

IDFC First Bank Q2 Net Profit seen up 41.4% YoY to Rs. 785.7 cr: Motilal Oswal
Net Interest Income (NII) is expected to increase by 31 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 3,932.9 crore, according to Motilal Oswal.
Announcement as on 12 October 2023

IDFC First Bank eyes Rs 3,000 crore in debt capital through tier II bonds
The plan comes soon after Rs 3,000 cr equity raise
Announcement as on 10 October 2023

IDFC First Bank sets QIP floor price at Rs 94.95 per share; stock falls over 3%
The company's Capital Raise and Corporate Restructuring Committee authorised opening of the issue in the Board meeting held on Tuesday.
Announcement as on 04 October 2023

IDFC First Bank fundraising: Rs 3,000 crore QIP set to open today; check price
Compared to Nifty 50#39;s one-year run at 16.1 percent, IDFC First Bank jumped 97.2 percent in the same time period, almost doubling investors#39; wealth. The bank#39;s shares also outperformed its sector by 54.37 percent in the past year
Announcement as on 03 October 2023

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