IDFC First Bank: The Warburg Pincus-owned Cloverdell Investment was likely to sell a 1.3 per cent stake in IDFC First Bank through a block deal for about $100 million at Rs 85.70 apiece today.
IDFC First Bank, which settled the Friday s trade with just 0.11 percent gains at Rs 93.44 on the BSE, clocked uptrend in last 18 out of 20 weeks and registered 73 percent gains in the same period.