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IDFC First Bank Gains After Board Approves Rs 3,000 Crore Fund Raising Plan
19 Feb 2021, 11:27 AM IST 
IDFC First Bank shares were up 5.85 per cent at Rs 61.50, outperforming the Sensex.
Shares of IDFC First Bank rose as much as 7.4 per cent to hit fresh 52-week high of Rs 62.40 on the BSE a day after the bank announced that its board of directors have approved raising funds by issuing equity shares or other equity linked securities. The bank plans to raise Rs 3,000 crore as its board noted strong outlook for economic recovery in India. (Track IDFC First Bank share price here)
