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RBI’s approval for Warburg Pincus to invest in IDFC First Bank

RBI’s approval for Warburg Pincus to invest in IDFC First Bank:

The Reserve Bank of India (RBI) has granted approval to Warburg Pincus, a prominent global private equity firm, to acquire up to 9.99% stake in IDFC First Bank. The ₹4,876 crore investment is expected to enhance the bank’s capital base and support its growth ambitions.The investment proposal was first announced in April 2025 and subsequently received clearance from the Competition Commission of India (CCI) on June 3, 2025. The investment is being routed through Currant Sea Investments B.V., an affiliate of Warburg Pincus.