July 29, 2025

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IDFC First Bank gets Finance Ministry nod to increase stake in Niraj Kakkad Constructions – Banking & Finance News

  • July 8, 2025

The Finance Ministry has granted an exception to the IDFC First Bank to raise its shareholding above 30 percent in Niraj Kakad Constructions. The decision comes after the recommendations from the Reserve Bank of India in the matter.  In its notification, the Ministry of Finance said, “The provisions of sub section (2) of section 19

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Banking

Banking made easy for NRIs: IDFC First Bank enables UPI access for NRIs using international mobile numbers – Banking & Finance News

  • July 3, 2025

IDFC First Bank has introduced UPI (Unified Payments Interface) services for Non-Resident Indians (NRIs), allowing them to make digital payments in India using their international mobile numbers. This move eliminates the need for NRIs to maintain an Indian SIM card and simplifies access to India’s digital payment ecosystem. The service is available to customers holding

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