Tuesday, February 5, 2019

IDFC First Bank logs in Rs 1,538 crore loss on merger

IDFC First Bank logs in Rs 1,538 crore loss on merger The management attributed the high loss to amortization of Rs 2,600 crore worth of intangibles, mainly goodwill, arising out of the merger move.

from Moneycontrol Business News http://bit.ly/2Gu5FLs

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