Neighbourhood News Desk/ Garima Kotroo
The popular Indian Bank, IDFC is going to merge with Non-Banking Financial Company (NBFC), Capital First to create IDFC First Bank. The
Founder and Chairman of Capital First, V Vaidyanathan has been appointed as the Managing Director of merging entity. Rajiv Lal, IDFC Bank Founder will first serve as the Part-Time chairman of an entity.