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First Bank Complete list of announcements declared & dividend announcements by First Bank FRBA

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Announcements and dividends declared by First Bank FRBA

First Bank (FRBA) Declares [CO].06 Dividend
First Bank said on January 25, 2023 that its board of directors declared a regular quarterly dividend of [CO].06 per share ([CO].24 annualized). Shareholders of record as of February 9, 2023 will receive the payment on February 24, 2023. Previo
Announcement as on 01 February 2023

IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank, up its stake to 40%
IDFC board declares special interim dividend of Rs 11 per share; Govt of India, the firm's largest shareholder, to receive Rs 287 cr payout
Announcement as on 01 February 2023

Buy IDFC First Bank; target of Rs 70: ICICI Direct
ICICI Direct is bullish on IDFC First Bank recommended buy rating on the stock with a target price of Rs 70 in its research report dated January 23, 2023.
Announcement as on 24 January 2023

IDFC First Bank net profit jumps 115% to Rs 605 crore
The bank, which was created by the demerger of the infrastructure lending business of IDFC to IDFC Bank in November 2015, continued to wind down infrastructure financing and reduce single borrower exposure as per stated strategy.
Announcement as on 21 January 2023

IDFC First Bank Q3 results: Profit more than doubles to Rs 605 cr on strong core operating income growth
While the core operating income grew 32% year-on-year to Rs 4,402 crore, operating expenses rose at a slower pace than income growth at only 23% YoY, which resulted in improved operating leverage.
Announcement as on 21 January 2023

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