Saturday 13 January 2018
SME lender Capital First announces merger with IDFC Bank
IDFC Bank and Capital First today announced merger between the two to form a combined entity with assets under management of Rs 88,000 crore, branch network of 194 and customer base of over 5 million. As per the agreement, IDFC Bank will issue 139 shares for every 10 shares of Capital First.
You can read more here: SME lender Capital First announces merger with IDFC Bank
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