IDFC First Bank MD gifts Rs 30 lakh shares to his former school teacher

As a token of gratitude to his former school teacher, IDFC First Bank MD and CEO V Vaidyanathan has transferred one lakh equity shares worth around Rs 30 lakh without any consideration to Gurdial Saroop Saini. The transfer of shares was done in appreciation of Saini's help to Vaidyanathan during the early stage of the latter's life, the bank said.

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