IDFC First Bank allots Rs 4,876 crore worth preference shares to Warburg Pincus affiliate
- Posted on August 1, 2025
- By Business News Today
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IDFC First Bank allots Rs 4,876 crore worth preference shares to Warburg Pincus affiliate
IDFC First Bank first cleared a preferential allotment of over 81.26 crore shares, equating to a 10% stake in the company in April this year. The capital raised is aimed at fueling the banks upcoming growth initiatives.
