https://www.moneycontrol.com/news/business/banks/idfc-idfc-fhcl-and-idfc-first-bank-receive-no-objection-for-amalgamation-from-rbi-11962151.html
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In July 2023 IDFC board of directors of IDFC FHCL, IDFC and IDFC FIRST Bank approved the proposal for amalgamation.
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