RBI Approves Warburg Pincus Affiliate Currant Sea to Buy 9.99% Stake in IDFC First Bank:

RBI Approves Warburg Pincus Affiliate Currant Sea to Buy 9.99% Stake in IDFC First Bank:

Daily Current Affairs   /   RBI Approves Warburg Pincus Affiliate Currant Sea to Buy 9.99% Stake in IDFC First Bank:

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Category : Business and economics Published on: July 25 2025

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The Reserve Bank of India has granted approval to Currant Sea Investments B.V., an affiliate of global private equity firm Warburg Pincus, to acquire up to a 9.99% stake in IDFC First Bank. The development, disclosed via a regulatory filing, comes after the Competition Commission of India had also cleared the investment on June 3, 2025.

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