IDFC First Bank Approves ₹7,500 Cr Fundraise from Global Investors

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has approved raising ₹7,500 crore via preferential issue of compulsorily convertible cumulative preference shares to affiliates of Warburg Pincus and ADIA. The bank will allot 81.26 crore shares to Currant Sea Investments B.V. and 43.71 crore shares to Platinum Invictus B 2025 RSC Ltd. at ₹60 per share.