IDFC Limited and IDFC-FHCL will merge into IDFC First Bank: Shareholders will get 155 shares of ₹10 each in First Bank instead of 100 shares.
Mumbai48 minutes ago copy link The Board of Directors of IDFC Limited has approved the merger of the company with IDFC First Bank and IDFC Financial Holding Company Limited (IDFC FHCL). IDFC Limited gave this information on Friday (September 27). The company said that the merger has been approved by the Chennai Bench of the…