Investment4 Jun 2025, 12:09 pm
IDFC First Bank Ltd Receives CCI Approval for 9.99% Investment by Currant Sea Investments B.V.
AI Summary
IDFC First Bank Ltd has announced that Currant Sea Investments B.V. has received approval from the Competition Commission of India (CCI) for a proposed investment of up to 9.99% of the bank's paid-up share capital. This investment is still subject to approval from the Reserve Bank of India (RBI).
Key Highlights
- Currant Sea Investments B.V. to invest up to 9.99% in IDFC First Bank Ltd
- Investment awaits approval from the Reserve Bank of India (RBI)
- IDFC First Bank Ltd has received CCI approval for the proposed investment