IDFC definition
Examples of IDFC in a sentence
This BANK GUARANTEE shall be effective only when the Bank Guarantee issuance message is transmitted by the issuing Bank through SFMS to IDFC First Bank and a confirmation in this regard is received by SECI.
This BANK GUARANTEE shall be effective only when the Bank Guarantee issuance message is transmitted by the issuing Bank through SFMS to IDFC First bank and a confirmation in this regard is received by SECI.
Credit Agricole Corporate and Investment Bank Central Bank Of India IDFC First Bank Ltd.
We wish to avail the banking facilities/products from IDFC FIRST Bank Limited (“IDFC FIRST Bank”), and have read, understood and agree to the Terms and Conditions displayed on the website of IDFC FIRST Bank i.e. ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇, which may be amended by IDFC FIRST Bank from time to time and hosted and notified on the website of IDFC FIRST Bank.
The Transferee Company is a wholly owned subsidiary of IDFC Financial Holding Company Limited having its registered office at KRM Tower, 8th Floor, ▇▇.▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, Chetpet, Chennai 600 031 (“IDFC FHCL”), which in turn, is a wholly owned subsidiary of the Transferor Company.
IIFCL has signed a Memorandum of Understanding (MOU) for cooperation/participation in infrastructure finance together with several banks/FIs. These include Andhra Bank, Bank of Baroda, Canara Bank, Corporation Bank, HUDCO, IDBI Bank, IDFC, IL&FS, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Syndicate Bank, UTI Bank, Vijaya Bank, and Punjab National Bank.
Such issue of new shares shall be separately undertaken by the Transferee Company to IDFC FHCL, prior to the effectiveness of the Scheme and outside the purview and ambit of the Scheme, at an appropriate time as decided by the Board of Directors of the Transferee Company.
Such waiver by IDFC shall be in writing and may include a condition that the Condition Precedent so waived shall be treated as a Condition Subsequent to the Closing.
I/We further authorise IDFC Bank Limited to collect no-dues certificate from the Previous Financer towards my/our outstanding dues to the Previous Financer.
IDFC shall have a right to convert the outstanding OCDs into Shares of the Company on the Conversion Date (“the Conversion Option”).