मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Additional capital will position us for growth
Financial Express Lucknow
|April 18, 2025
Marquee investors — Currant Sea and Platinum Invictus, affiliates of Warburg Pincus and ADIA Private Equity, respectively — are set to pick up stakes in IDFC First Bank for a combined ₹7,500 crore.
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V Vaidyanathan, managing director and CEO of IDFC First Bank, tells Shobhana Subramanian that the additional capital will help position the lender for growth. Excerpts:
This is truly a big deal for IDFC First Bank.
Yes, it is an important day for the bank. Both investors are iconic names and invest only in companies that have good governance, and are professionals. They are focused on the long-term. When we get this kind of capital, I can focus on my work in the bank and value will get created. We are building foundations to be part of the big league, and this capital can set us on this path.
How did the deal come about? Is it because Warburg made a lot of money the last time, so the comfort level exists?
यह कहानी Financial Express Lucknow के April 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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