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UPDATE 1-India's IDFC to merge with IDFC First Bank in latest consolidation
Reuters via Yahoo Finance· 11 months agoIDFC First Bank said on Monday its board had given the green light for a merger with IDFC Ltd, just days after the landmark $40 billion merger between Housing Development Finance Corp and HDFC ...
Indian rupee may sink to 82.50 on towering dollar, funding gap - IDFC
Reuters via Yahoo News· 2 years agoThe Indian rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge...
IDFC First Bank to merge with IDFC
Reuters via Yahoo Finance· 11 months agoJuly 3 (Reuters) - IDFC First Bank said on Monday its board had approved its merger with IDFC Ltd , subject to regulatory approvals. This comes days after Housing Development Finance Corp merged ...
IDFC, Indian Bank, Yes Bank put SpiceJet loans on high-risk- sources
Reuters via Yahoo Finance· 2 years agoPrivate lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to SpiceJet Ltd in the high-risk category, in the latest setback for the airline, people with knowledge ...
SpiceJet loans 'high risk' for some lenders, say sources
Reuters via Yahoo News· 2 years agoMUMBAI (Reuters) -Three Indian banks have internally categorised loans to SpiceJet Ltd as being at...
India inflation may remain elevated despite July dip – analysts
Reuters via Yahoo News· 2 years agoIndia's headline retail inflation that eased for the third straight month in July is expected to...
Yields edge lower after local inflation report, U.S. data in focus
Reuters via Yahoo News· 2 years agoIndian government bond yields ended marginally lower on Thursday, after local retail inflation...
State Bank of India's debt sale could prove costly for other lenders -bankers
Reuters via Yahoo Finance· 7 months agoThe decision by State Bank of India, the country's top lender, to accept slightly...
India cenbank to start pilot of digital rupee on Nov 1
Reuters via Yahoo Finance· 2 years agoThe Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for...
India's retail inflation eases to 6.83% in August
Reuters via Yahoo Finance· 8 months ago(Reuters) - India's annual retail inflation eased to 6.83% in August from a 15-month high of 7.44% in July as food prices moderated, government data...