IDFC First Bank shareholders have given their approval to merge IDFC Limited with the bank at a meeting convened by the NCLT. The resolution, which was approved by 99.95% of the equity shareholders, involves merging IDFC Financial Holding Company Limited with IDFC Limited before the latter merges with IDFC First Bank. NCLT will reportedly announce its approvals soon too.
short by
Ashley Paul /
05:43 pm on
18 May