
IDFC BOND ISSUE Form
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People also ask
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How do I redeem my IDFC bonds?
Alternatively, you can signNow out to Bank on Toll Free No.: 1800 266 0404 or send an E-mail at ig@idfcfirstbank.com. This Redemption of Tranche 2 - LTIBs shall be governed by the Terms & Conditions as set out in the Prospectus.
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What is the future of IDFC First Bank?
Positioned in one of the world's fastest-growing economies, the bank sees immense opportunities, especially as India's economy is projected to signNow US$ 35 trillion (tn) by 2047. IDFC First Bank's approach to future growth combines careful corporate governance, robust risk controls, and a scalable business model.
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What is the rate of IDFC bond?
OTHER BONDS ISSUED BY COMPANY Bonds issued by companyYield (%)Last Traded Price () IDFC First Bank Ltd 7.5% ICRA AAA -- 10,225.00 IDFC First Bank Ltd 8.7% ICRA AAA -- 5,399.95 IDFC First Bank Ltd 8.7% ICRA AAA -- 11,450.00 IDFC First Bank Ltd 0% ICRA AAA -- 9,084.501 more row
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Why is IDFC bank stock falling?
The stock declined after the private sector bank reported a 73 per cent fall in net profit for the second quarter ended September 30, 2024.
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Is IDFC Bank good to invest?
There are 7 analysts who have given it a strong buy rating & 3 analysts have given it a buy rating. 2 analysts have given the stock a sell rating. The company posted a net profit of 642.64 Crores in its last quarter.
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What happened to IDFC First Bank?
Mumbai, 27th September 2024: IDFC FIRST Bank, in its Board meeting held today announced the completion of merger of IDFC Limited with IDFC FIRST Bank, following the receipt of all requisite shareholder and regulatory approvals, effective from October 01, 2024.
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Is interest on IDFC Infrastructure bonds taxable?
For Series 2 and Series 4 Bondholders, the interest payment will be subject to TDS at 7.5% for cases where the interest payments upon redemption exceed Rs 5,000/-.
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Why is IDFC bank falling?
ing to stock market experts, IDFC First Bank shares are nosediving after the announcement of disappointing Q2 2024 results on Saturday. They said that the bank's net profit had gone down during the July to September 2024 quarter due to a rise in provisions.
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