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IDFC First Bank to raise Rs 5,000 crore on Private Placement basis

13 May 2019 Evaluate

IDFC First Bank has received approval to raise funds through issuance of Debt Securities up to an amount not exceeding Rs 5,000 crore on Private Placement basis. The Board of Directors of the bank at its meeting held on May 10, 2019 has approved the same.

IDFC FIRST Bank provides a range of financial solutions to individuals, small businesses and corporates.

Peers
Company Name CMP
HDFC Bank 739.00
ICICI Bank 1339.50
Axis Bank 1242.50
Kotak Mahindra Bank 412.50
Indusind Bank 953.00
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