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IDFC Bank to seek shareholders' nod next month for name change

Saturday, December 1, 2018, 8:57 AM

IDFC Bank will seek shareholders' nod next-month to change its name to IDFC First Bank Ltd in process of amalgamating Capital First and its entities. The voting process for postal ballot and e-voting shall be held from December-4, 2018 to January-2, 2019, IDFC Bank said in BSE filing. Capital First and IDFC Bank would create Rs.88,000-crore combined entity with the merger in an-all-stock deal.

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