IDFC First Bank Limited — Important, 08-08-2025: General Updates
08-08-2025 | 10:52 pm
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.
No comments yet. Be the first to comment!
