<ul><li>IDFC FIRST Bank's Board of Directors approved a preferential issue of equity capital worth ₹4,876 crore to Currant Sea Investments B.V and ₹2,624 crore to Platinum Invictus B 2025 RSC Limited.</li><li>The capital adequacy of IDFC FIRST Bank will increase from 16.1% to 18.9% with this fundraising, strengthening the bank's balance sheet and positioning it for profitable growth.</li><li>IDFC FIRST Bank has introduced the "Ace" feature on its mobile app, providing over 2500 mutual fund options.</li><li>The bank aims to consistently exceed operational expenses growth, turn profitable businesses to scale, and deliver sustainable returns to stakeholders.</li></ul>

IDFC FIRST Bank to get ₹7,500 cr from Warburg, ADIA arm

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