Shares of IDFC First Bank fell as much as 8% on Monday to their lowest in 21 months after the private lender said its third-quarter profit more than halved, hurt by delinquencies in microfinance ...

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July.

Jan 27 (Reuters) - Shares of IDFC First Bank (IDFB.NS), opens new tab fell as much as 8% on Monday to their lowest in 21 months after the private lender said its third-quarter profit more than ...