Idfc: IDFC First Bank slips, IDFC hits record high after merger approval – Times of India
[ad_1] Shares of private lender IDFC First Bank fell as much as 6% on Tuesday, while those of IDFC rose as much as 6% after the bank’s board on Monday approved a reverse merger of the two firms in a bid to simplify their corporate structure and ease regulatory compliance.Under the proposed deal, non-bank lender … Read more