MUMBAI, 28 MAY, 2020 (GPN): Federal Bank announced its audited financial results for the quarter and year ended 31st March 2020 today. Highlights · Operating profit registers a growth of 27.10% to reach ₹ 959.31 Cr in Q4…
Flexible schemes to suit consumer needs Step up plus Balloon EMI scheme starting at Rs 1,111/- per lakh EMI staring from Rs 899 per month per Lac for the first 6 months Flexi EMI options…
Customers can start earning 7% on savings Digital journey gives customers a branch-like experience at home, enabling KYC completion online MUMBAI, MAY 27, 2020 (GPN): Putting customers’ safety first, IDFC FIRST Bank today announced the…
Aim to deepen penetration of financial services in underbanked and unbanked regions. Will also develop a wide range of retail products to accelerate adoption of digital payments after the COVID19 lockdown is over HYDERABAD, MAY…
Mumbai circle of SBI disbursed Rs. 200 crore worth of COVID emergency loans so far MUMBAI, 25 MAY, 2020 (GPN): Reserve Bank of India’s move to reduce policy rate by 40 basis points on May 22,…
MD and CEO takes 30% cut in compensation MUMBAI, MAY 25, 2020 (GPN): IDFC FIRST Bank today announced that its senior management has volunteered to take a 10% cut in compensation in the current financial…
Bank has taken an initiative in disbursing the loans to all eligible existing customers at a faster pace and hassle-free BENGALURU, MAY 23, 2020 (GPN): In order to meet the temporary liquidity mismatch arising out of COVID-19…
Strong growth in CASA deposits in Q4 20 Retail contributes 61% of Total Funded Book MUMBAI, MAY 23, 2020 (GPN): Financial results at a glance The Board of Directors of IDFC FIRST Bank, the bank created…
NEW DELHI, 22 MAY, 2020 (GPN) : In his third such address since the coronavirus-induced lockdown began on March 25, Reserve Bank of India (RBI) Governor Shaktikanta Das today cut the repo rate by 40 basis…
MUMBAI, 22 MAY, 2020 (GPN): Ms. Anagha Deodhar – Economist, ICICI Securities shares her perspective on the RBI announcement today: MPC delivered yet another off-cycle rate cut, indicating the severity of the crisis and the urgency…
