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of <h1>IDFC FIRST Bank Secures Rs 7,500 Crore Investment from Warburg Pincus and Abu Dhabi Investment Authority</h1> IDFC FIRST Bank's board approved a fundraising of Rs 7,500 crore through preferential equity issues to global investors Warburg Pincus and Abu Dhabi Investment Authority. The capital raise will strengthen the bank's balance sheet, increasing capital adequacy from 16.1% to 18.9%. The bank has transformed from an infrastructure-focused institution to a technology-driven universal bank, with significant growth in deposits, loans, and profitability over the past six years.
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