Capital First has completed merger with IDFC Bank on December 18, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity IDFC First Bank.
IDFC First Bank will now offer a wider array of retail and wholesale banking products, services and digital innovations, to a greater number of customer segments. It will serve 7.2 million customers through its 203 bank branches, 129 ATMs, 454 rural business correspondent centres across the country's urban and rural geographies.
Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.
Company Name | CMP |
---|---|
Bajaj Finance | 6800.20 |
Shriram Finance | 2450.15 |
Aditya Birla Capital | 217.80 |
SBI Cards AndPayment | 711.40 |
Chola Invest & Fin. | 1264.00 |
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