In an exchange notification, IDFC First Bank has informed exchanges that its board has approved raising of | 2000 crore equity capital by issuing ~86.24 crore shares through preferential route at | 23.19/share. Promoter IDFC Ltd will subscribe to ~34.5 crore shares maintaining its holding at 40%. Other investors include ICICI Prudential Life Insurance (~25.87 crore shares), HDFC Life Insurance (~8.6 crore shares), Bajaj Allianz Life Insurance (~8.6 crore shares) and Dayside Investment, an affiliated entity...