![IDFC-IDFC First Bank merger proposal gets CCI nod; stock up 2%](https://images.assettype.com/fortuneindia%2F2022-05%2F2c40c469-6f6f-4513-993e-2acaafc17ed4%2FIDFC_05094_copy.jpg?w=300&q=95)
IDFC-IDFC First Bank merger proposal gets CCI nod; stock up 2%
Post the proposed merger, the standalone book value per share of IDFC First Bank will increase by 4.9%
Post the proposed merger, the standalone book value per share of IDFC First Bank will increase by 4.9%
The robust growth in Q3 FY23 has been attributed to strong growth in its core income and a reduction in provisions.