IDFC FIRST Bank gains on partnering with NASSCOM COE to grow innovation ecosystem
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IDFC First Bank is currently trading at Rs. 59.40, up by 0.15 points or 0.25% from its previous closing of Rs. 59.25 on the BSE.
The scrip opened at Rs. 59.65 and has touched a high and low of Rs. 60.00 and Rs. 59.20 respectively. So far 486777 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 61.20 on 05-Dec-2022 and a 52 week low of Rs. 28.95 on 22-Jun-2022.
Last one week high and low of the scrip stood at Rs. 61.20 and Rs. 58.35 respectively. The current market cap of the company is Rs. 36935.63 crore.
The promoters holding in the company stood at 36.47%, while Institutions and Non-Institutions held 33.34% and 30.18% respectively.
IDFC FIRST Bank and NASSCOM Centre of Excellence (COE) have partnered to grow the innovation ecosystem through an exclusive range of banking solutions. IDFC FIRST Bank will offer its curated products and solutions for startups including Zero Balance Startup Current Account, uniquely designed Working Capital solutions for pre-profit startups, Business Credit Cards for Startups with step-up credit, a tailored ‘Founder Success Program’ and 40+ Beyond Banking offers from its partners.
While NASSCOM COE will bring in technology and domain expertise to the partnership, IDFC FIRST Bank will offer tailored financial products to support innovation and entrepreneurship. NASSCOM COE and IDFC FIRST Bank will collaborate across a range of initiatives such as Investor Connect, Knowledge Sharing sessions and Tech Conclaves to engage with the Startup community extensively.
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.
