News

IDFC and Capital First to make ‘IDFC First Bank’

Neighbourhood News Desk/ Garima Kotroo

Image result for idfc and capital first merger

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.

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