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IDFC, hdfc bank
IDFC First Bank merger record date tomorrow, weightage in Nifty Bank to increase
IDFC First Bank will increase its weight in the Bank Nifty index after merging with IDFC Ltd on October 10, attracting $39 million in passive funds amid adjustments affecting other banks.
IDFC First Bank-IDFC merger: Passive inflows worth $39 million likely, says Nuvama
IDFC First Bank's weight in the Nifty Bank index is expected to increase, while other constituents will experience a slight decrease in their respective weights, said Abhilash Pagaria of Nuvama Alternative & Quantitative Research.
IDFC First Bank - IDFC merger may lead to passive inflows of $39 million; check impact on other Bank Nifty stocks
IDFC First Bank’s weight in the Nifty Bank index is expected to rise to 2.9% which will attract $39 million in passive inflows.
IDFC First Bank, IDFC merger: Will it influence Nifty Bank stocks?
IDFC First Bank is seen attracting $39 million in passive inflows due to the corporate action. HDFC Bank Ltd is expected to see $11 million outflows, followed by ICICI Bank ($10 million), SBI $4 million) and Kotak Mahindra Bank ($4 million).
FTSE Russell Keeps IDFC First Bank's Weightage Unchanged Post IDFC's Merger With Lender
FTSE Russell on Monday said it has retained IDFC First Bank Ltd. in the FTSE Emerging Comprehensive Factor Index with the existing investability weightage following the merger of its parent entity, IDFC Ltd., into it.
IDFC shares in focus following completion of merger with IDFC First Bank
IDFC FIRST Bank has merged with IDFC after obtaining necessary approvals. Effective from October 1, the merger simplifies the corporate structure and enables dividend payments. Shareholders will receive 155 equity shares of the Bank for every 100 shares held in IDFC Ltd.
IDFC FIRST Bank Completes Landmark Merger with IDFC Limited
IDFC FIRST Bank announced the completion of its merger with IDFC Limited, effective October 1, 2024. The simplified corporate structure will enable improved financial stability and growth opportunities.
The Pioneer
2d
IDFC FIRST bank goes live on GST portal
IDFC FIRST Bank on Saturday announced its integration with the Goods and Services Tax (GST) portal, enabling seamless GST payments. Customers will now benefit from an intuitive, hassle-free payment ...
51m
on MSN
Stock market today: SAIL, Bandhan Bank, Birlasoft among ten stocks in F&O ban list on October 9
Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, IDFC FIRST Bank, Manappuram Finance, PNB, RBL Bank, and SAIL ...
ThePrint
12d
The lesser-known benefits of IDFC FIRST Bank Salary Account
A salary account is a fundamental and essential financial tool for salaried professionals. Beyond the convenience of direct ...
The Financial Express
13d
NCLT approves merger of IDFC-IDFC First Bank
IDFC
Ltd has received a green light from NCLT, Chennai for the merger of
IDFC
Financial Holding Company with
IDFC
and ...
1d
on MSN
ETSA 2024 | New-age firms solving real-life issues with solid government backing: IDFC First Bank MD & CEO
Delivering the closing address at The Economic Times Startup Awards 2024 in Bengaluru on Saturday, Vaidyanathan lauded the ...
ThePrint
4d
IDFC FIRST Bank Goes Live on GST Portal for Seamless Tax Payments
IDFC FIRST Bank is pleased to announce its integration with the Goods and Services Tax (GST) portal, enabling seamless GST ...
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