IDFC MD Mahendra Shah’s tenure extended while Bipin Gemani named as CFO
Former IDFC Bank CFO Bipin Gemani has been named the company's CFO and full-time director with immediate effect till September 2024.
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IDFC can exit as promoter of IDFC First Bank, 5 year lock-in period over
It holds 36.56 percent in the bank. The bank commenced operations in October 2015, which means it completed five years last year.
Rajiv Lall resigns as Non- executive Chairman of IDFC Bank
IDFC FIRST Bank Limited ('the Bank') has received an intimation vide letter dated September 04, 2020 from Dr. Rajiv B. Lall wherein he has tendered his resignation as Part-Time Non-Executive Chairman from the Board of the Bank with immediate effect.
Q1 FY21 Results: IDFC Ltd. posts net loss of Rs 26.46 crore, financials improve from previous quarter
Mumbai based IDFC Ltd. on Thursday reported net loss of Rs 26.46 crore for the period ended June 30, 2020 as against net loss of Rs 242.92 crore for the previous quarter, period ended March 31, 2020. The company posted a total income of Rs 103.99 crore during the Q1 FY21 period ended June 30, 2020 as compared to Rs.53.54 crores during the period ended March 31, 2020. The income has fallen YoY as compared to Rs 133.04 crore during the Q1 FY20 period ended June 30, 2019.