IDFC First Bank raises $877 million from Warburg Pincus and ADIA

Indian lender IDFC First Bank announced a strategic fundraising of $877 million, led by US private equity firm Warburg Pincus and UAE sovereign wealth fund ADIA (Abu Dhabi Investment Authority). This major transaction marks a milestone for the bank, which is seeking to strengthen its growth capabilities amid a rapidly transforming Indian banking landscape.   […]