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IDFC First Bank LimitedImportant, 08-08-2025: General Updates

08-08-2025 | 10:52 pm

IDFC FIRST Bank has received key regulatory approval from the RBI for a significant fundraise. Platinum Invictus B 2025 RSC Limited has secured RBI's nod to invest up to 9.99% of the bank's paid-up share capital. As part of a previously approved Preferential Issue, Platinum Invictus plans to invest approximately ₹ 2,624 crores. This investment will constitute about 5.09% of the bank's post-issue paid-up share capital. This capital infusion strengthens the bank's financial position and supports future growth initiatives.

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