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IDFC First Bank - Q4FY21 First Cut - ICICI Direct
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IDFC First Bank Ltd reports Rs 136 92 crore consolidated PAT in Q4FY21
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IDFC FIRST Bank Limited Ratings reaffirmed at F AAA / Stable, CRISIL AA / Stable / CRISIL A1+
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IDFC First Bank Ltd is quoting at Rs 55.25, up 0.82% on the day as on 12:49 IST on the NSE. The stock is up 168.2% in last one year as compared to a 59.38% gain in NIFTY and a 68.56% gain in the Nifty Bank.
IDFC First Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 55.25, up 0.82% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 14811.85. The Sensex is at 49391.32, down 0.75%. IDFC First Bank Ltd has dropped around 0.81% in last one month.
Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has dropped around 0.07% in last one month and is currently quoting at 33714.5, down 1.29% on the day. The volume in the stock stood at 189.02 lakh shares today, compared to the daily average of 507.47 lakh shares in last one month.
Dr Adesola Adeduntan, Chief Executive Officer, FirstBank Nigeria Limited. The Central Bank of Nigeria (CBN), yesterday, sacked the boards of First Bank Nigeria Limited and its holding company, FBN Holdco, citing insider abuse and corporate governance breakdown as reasons. The apex bank also set up interim boards, reinstalling the ousted Managing Director/ Chief Executive, Dr. Sola Adeduntan. The interim board chairman of the bank, according to CBN, will be Tunde Hassan-Odukale. Other members of the bank subsidiary are Tokunbo Martins, Uche Nwokedi, Adekunle Sonola, Isioma Ogodazi, Ebenezer Olufowose, Ishaya Elijah Dodo, Gbenga Shobo, Remi Oni and Abdullahi Ibrahim. The board of the holding company is chaired by Remi Babalola while the managing director is U.K. Eke. Other members are Dr. Fatade Abiodun Oluwole, Kofo Dosekun, Remi Lasaki, Dr. Alimi Abdulrasaq, Ahmed Modibbo, Khalifa Imam and Peter Aliogo.