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IDFC First Bank planning to raise funds by issuance of debt instruments

12 May 2020 Evaluate
IDFC First Bank is planning to raise funds, by issuance of debt instruments, on private placement basis, in one or more tranches/series, during the financial year 2020-21, as part of the normal borrowing programme. The Board Meeting of the Bank is scheduled to be held on May 22, 2020, to discuss, consider and approve the same.

IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.
Peers
Company Name CMP
HDFC Bank 699.50
ICICI Bank 1385.25
Axis Bank 1209.00
Kotak Mahindra Bank 458.00
Indusind Bank 836.35
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