
RBI Approves Currant Sea’s 9.99% Stake Purchase in IDFC First Bank
Introduction IDFC First Bank shares may see bullish momentum today (July 21, 2025) after the Reserve Bank of India (RBI) approved Currant Sea Investments B.V. (a Warburg Pincus affiliate) to acquire up to 9.99% stake in the bank. This approval is part of a larger ₹7,500 crore capital infusion plan involving Abu Dhabi Investment Authority…