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
IDFC First Bank taps ADIA, Warburg to raise ₹7,500 cr
Mint New Delhi
|April 18, 2025
Investors to hold nearly 15% in IDFC First; investment marks return of Warburg to IDFC First
Private equity major Warburg Pincus and sovereign fund Abu Dhabi Investment Authority (ADIA) have agreed to invest ₹7,500 crore in IDFC First Bank for close to 15% stake, delivering a capital boost for the private lender to accelerate its credit card and wealth management businesses.
The bank will issue compulsorily convertible preference shares (CCPS) worth ₹4,876 crore to a Warburg Pincus affiliate, and shares worth ₹2,624 crore at ₹60 each to an ADIA subsidiary. The Warburg affiliate will hold 9.48% stake, and the ADIA unit 5.1%.
यह कहानी Mint New Delhi 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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