HDFC Life Insurance bought 32,93,447 shares of IDFC First Bank, increasing its stake from 2.29% to 2.33%.
A private sector bank providing comprehensive banking services across retail, corporate, and wholesale segments to customers throughout India. IDFC First Bank was formed through the merger of IDFC Bank and Capital First in 2018, combining their complementary strengths and expertise. The bank operates an extensive network of branches and digital channels, offering lending products, deposit accounts, investment solutions, and other financial services to individuals and businesses.
HDFC Life Insurance Company Limited, institutional investor in Indian equities
