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40-624: The Vijay Hazare Trophy (officially known as the IDFC First Bank Vijay Hazare Trophy for sponsorship reasons), is an annual List A Cricket competition organised by the BCCI . The Indian States and union territories teams take part in the Ranji Trophy . The tournament had been played at zonal level only until 2002–03 when it was expanded to become a national competition. The most successful team since expansion

80-731: A filing with the stock exchange. In the mid of October 2023, the bank obtained clearance from the Competition Commission of India for its merger. On 18 December 2023, the RBI issued 'no objection' for the bank to merge with IDFC. But the merger still needs approval from the National Company Law Tribunal . On 17 May 2024, the NCLT convened via video conferencing to approve the merger proposal between IDFC First Bank and IDFC Limited. The proposal, endorsed by

120-572: A stake in Future Capital Holdings and secured equity backing of Rs. 8.10 billion from Warburg Pincus . As per the September 2017 stock filing, Capital First had a retail loan portfolio of Rs 229.7 billion, serving three million customers across 228 locations. In the same quarter, the company reported a gross NPA ratio of 1.63% and a net NPA ratio of 1%. In 2018, Capital First obtained an upgraded long-term credit rating of AAA. It

160-404: A treasury of usefulness and a source of disaster, (...) The best and most agreeable aspect of the new business is that one can become rich without risk. Indeed, without endangering your capital, and with out having anything to do with correspondence, advances of money, warehouses, postage, cashiers, suspensions of payment, and other unforeseen incidents, you have the prospect of gaining wealth if, in

200-556: Is Tamil Nadu who have won the tournament five times. Until 2006/07, Vijay Hazare Trophy was the title of a national under-19 tournament, involving zonal teams, which had been running since 1983/84. The BCCI then decided to rename the Ranji One Day Trophy, which began in the 1993/94 season , in honour of Vijay Hazare who had died in December 2004. The 2007/08 edition was the first using the current title. Ahead of

240-788: Is also required to complete 30 hours of professional development (product knowledge) and 12 hours of compliance training every three year continuing education cycle as set out by the Investment Industry Regulatory Organization of Canada. To trade options and/or futures, a registered representative must pass the Derivatives Fundamentals Course in addition to the Options Licensing Course and/or the Futures Licensing Course, or alternatively,

280-493: Is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First , which was an Indian non-bank financial institution. IDFC First Bank got privatized on 1st October 2024 by reverse merger with parent IDFC Ltd, a Government of India entity. IDFC Limited was set up in 1997 by Government of India to finance infrastructure projects in India. With time,

320-534: Is overseen by the Australian Securities and Investments Commission . They are subject to fiduciary obligations. As of 2019, Australia's biggest online stockbroker was Commonwealth Securities , other large brokers were ANZ Share Investing , nabtrade and Westpac Online Investing . In Canada , to be licensed as a "registered representative" or an "investment advisor" and thus be qualified to offer investment advice and trade all instruments with

360-781: Is the QFA ("qualified financial adviser") designation, which is awarded to those who pass the Professional Diploma in Financial Advice and agree to comply with the ongoing "continuous professional development" (CPD) requirements. The qualification, and attaching CPD program, meets the "minimum competency requirements" specified by the Financial Regulator, for advising on and selling five categories of retail financial products: As of 2019, Davy and Goodbody were Irish largest stockbrokers. In New Zealand ,

400-684: Is the largest UK professional body for investment professionals. It evolved from the London Stock Exchange, has around 45,000 members in over 100 countries and delivers more than 40,000 exams each year. Qualifications include: the CISI Level 4 Diploma in Investment Advice and the CISI Level 7 Diploma in Wealth Management CFA UK also offers various FCA Appropriate Qualifications. It represents

440-566: The 2018/19 edition , the teams were divided into three elite groups and one plate group. Two of the elite groups had nine teams while the third had ten. The plate group consisted of nine new teams. Teams were grouped on the basis of average points gained in the preceding three seasons. The 2020/21 edition was postponed for several months because of the COVID-19 pandemic in India . The 2020–21 Ranji Trophy had been cancelled but, in January 2021,

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480-575: The Board of Control for Cricket in India (BCCI) announced that the Vijay Hazare tournament would take place. Currently, in the 2023–24 season , 38 teams are split into five groups (A to E) as follows: After playing each team in the group once, the five winners and the best performing runner-up qualify for the quarter final stage directly, while the four other runners-up play in the preliminary quarter finals. The two winners of pre-quarter finals join

520-903: The London Stock Exchange opened at the Jonathan's Coffee-House . On May 17, 1792, the New York Stock Exchange opened under a platanus occidentalis (buttonwood tree) in New York City , as 24 stockbrokers signed the Buttonwood Agreement , agreeing to trade five securities under that buttonwood tree. Up until January 1, 2019, investment professionals that offer financial advice in Australia had to pass training pursuant to RG146 . They must hold an Australian Financial Services Licence that

560-706: The New Zealand Qualifications Authority oversees qualifications. The New Zealand Certificate in Financial Services (Level 5) is the minimum level of qualification necessary to offer investment advice. In Singapore , becoming a trading representative requires passing 4 exams, modules 1A, 5, 6 and 6A, from the Institute of Banking and Finance and applying for the license through MAS and SGX . The Johannesburg Securities Exchange rules require that member firms must be under

600-578: The Securities and Exchange Board of India Act, 1992 and brokers must register with the Securities and Exchange Board of India (SEBI). The National Stock Exchange of India and the Bombay Stock Exchange via brokers, provide an ecosystem to investors to trade in capital markets through various channels - broker offices, investment advisor or screen-based electronic trading system. An individual employed by an investment firm must complete

640-740: The Uniform Combined State Law Exam (Series 66), and the Uniform Investment Adviser Law Exam (Series 65). Individuals holding some of those licenses, such as the Series 6 exam , cannot be called stockbrokers since they are prohibited from selling stocks. Selling variable products, such as a variable annuity contract or variable universal life insurance policy, typically requires the broker to also have one or another state insurance department licenses. Individuals and firms are regulated by

680-479: The 2006–07 edition. It was renamed as the Vijay Hazare Trophy ahead of the 2007–08 edition. (Who played 41+ Vijay Hazare matches in his entire career) (per match) (Who played 21 to 40 Vijay Hazare matches in his entire career) (per match) (Who played 0 to 20 Vijay Hazare matches in his entire career) (per match) IDFC First Bank IDFC First Bank (stylised as IDFC FIRST Bank )

720-776: The 2nd century BC. After the fall of the Western Roman Empire , stockbroking did not become a profession until after the Renaissance , when government bonds were traded in Italian city-states such as Genoa and Venice . In 1602, the Amsterdam Stock Exchange (now Euronext Amsterdam ) became the first official stock market with trading in shares of the Dutch East India Company , the first company to issue stock. In 1698,

760-705: The Derivatives Fundamentals Options Licensing Course for options. In Hong Kong , to become a representative one has to work for a licensed firm and pass 3 exams to prove competency. Passing a fourth exam results in obtaining a "specialist" license. All tests can be taken with the Hong Kong Securities Institute. After passing all tests, approval must be received by the Securities and Futures Commission . Share brokers in India are governed by

800-877: The Financial Markets Practitioner vocational certification . ) In South Korea , the Korea Financial Investment Association oversees the licensing of investment professionals. Stockbroking is a regulated profession in the United Kingdom and brokers must achieve a recognised qualification from the Appropriate Qualifications list of the Financial Conduct Authority (FCA). The Chartered Institute for Securities & Investment (CISI), established in 1992,

840-602: The National Institute of Securities Markets (NISM) exam and apply to SEBI for registration as an Investment Advisor. Stock market advisory and research services are highly regulated in India. Only SEBI registered stock advisory and investment research analysts are allowed to do so. The complete details of these authorized persons are available on website of SEBI for protection of investors. The recognized benchmark designation for investment professionals in Ireland

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880-401: The bank is 40.00 the institutional holding is at 24.48, the public holding is at 26.02. But on 22 February 2023, IDFC Limited announced it intention to invest INR 2,200 crores in the bank. This will bring IDFC Limited's current holding in the bank up to 40 percent, from the current level of 36.38 percent. Also, on 22 February 2023, the bank issued 12,03,745 equity shares to its employees under

920-546: The bank to 2.68% by purchasing shares of the lender at Rs 80.63 each, with a total acquisition cost of ₹ 1,500 crore (US$ 180 million). The bank transformed from infrastructure to retail banking in four years since the merger, increasing the CASA ratio from 8.6% to 49.77% (March 31, 2023) and retail deposits from 27% to 76% of total deposits. As of November 2022, the bank had 809 branches, 249 asset service centres, 925 ATMs, and 606 rural business correspondent centres across

960-415: The bank's shareholders and NCD holders, involves two steps: IDFC FHCL merging with IDFC Limited, followed by IDFC Limited merging into IDFC First Bank. On 1 October 2024, IDFC Limited merged with the bank. As a result of the merger, 155 equity shares of the bank were allotted for every 100 equity shares of IDFC Limited held by each shareholder in the latter. As of September 2023, the promoter holding at

1000-630: The breakup of the planned merger with the Shriram Group. While the bank has made efforts to improve its assets, it has not provided clear guidance on its liabilities. By September 2017, bank's deposits was totaled Rs 38,890 crore, with only 8.2% in current and savings accounts. As of 3 July 2023, the board of the bank had approved the merger with IDFC Limited. Shareholders of the latter will receive 155 shares of IDFC FIRST Bank for every 100 shares they currently own in IDFC Limited, as stated in

1040-514: The case of bad luck in your transactions, you will only change your name. Just as the Hebrews , when they are seriously ill, change their names in order to obtain relief, so a changing of his name is sufficient for the speculator who finds himself in difficulties, to free himself from all impending dangers and tormenting disquietude. The first recorded buying and selling of shares occurred in Rome in

1080-565: The company ESOP plan. On September 12, 2023, US-based GQG Partners acquired an additional 5.1 crore shares, equivalent to a 0.76% stake, from V. Vaidyanathan in a block deal conducted on the stock exchange. As a result, GQG Partners' ownership in the bank rose to 3.36%. The parent entity, IDFC Limited, retained the AMC, Institutional Broking, and Infrastructure Debt Fund businesses through IDFC Financial Holding Company Limited (NOFHC). In July 2024, Life Insurance Corporation raised its stake in

1120-476: The company diversified into asset management , institutional broking and investment banking . In 2014, the Reserve Bank of India granted in-principle approval to IDFC Limited to set up a new bank in the private sector. Following this, the IDFC Limited divested its infrastructure finance assets and liabilities to a new entity - IDFC Bank. The bank was launched through this demerger from IDFC Limited, and it

1160-475: The control of a "qualified stockbroker", who is also an executive director of the firm; and branches, likewise managed. The South African Institute of Stockbrokers (SAIS) offers the six exams required to become such, a Certified Stockbroker, or CSb(SA), following 3 years' work experience, and with other educational requirements met. See also re. "Regulated Positions" and "Registered Persons" at The South African Institute of Financial Markets . (SAIS also offers

1200-531: The country. The bank provides products and services related to retail banking , wholesale banking and investment banking . The bank became a member of the Open Network for Digital Commerce in September 2022. Subsequently, it began enrolling small merchants, who are existing customers with current accounts, onto a partner application registered with ONDC. The bank achieved a profit after tax (PAT) of ₹ 2,957 crore (US$ 350 million) crore in

1240-678: The exception of derivatives, an individual employed by an investment firm must have completed the Canadian Securities Course , the Conduct & Practices Handbook, and the 90-day Investment Advisor Training Program. Within 30 months of obtaining designation as a "registered representative", the registrant is further required to meet the post-licensing proficiency requirement to complete the Wealth Management Essentials course. A registered representative

Vijay Hazare Trophy - Misplaced Pages Continue

1280-476: The financial year 2024, maintaining a capital adequacy ratio of 16.82%. The bank's retail loans showing a gross non-performing asset (NPA) ratio of 1.88% and a net NPA ratio of 0.60% as of March 31, 2024. As of 30 September 2024, the overall gross NPA ratio is 1.92%, while the net NPA ratio is 0.48%. Under bank’s employee-funded Ghar Ghar Ration program, the bank employees will supply ration kits to 50,000 low income customers whose livelihoods has been impacted by

1320-517: The inner workings of the stock exchange in Amsterdam , primarily the practice of VOC and WIC stock trading] which is at once the fairest and most deceitful in Europe, the noblest and the most infamous in the world, the finest and the most vulgar on earth. It is a quintessence of academic learning and a paragon of fraudulence; it is a touchstone for the intelligent and a tombstone for the audacious,

1360-628: The interests of around 12,000 investment professionals and is part of the worldwide network of members of the CFA Institute . The Financial Industry Regulatory Authority , a self-regulatory organization , regulates investment professionals in the United States . Exams that individuals may take for accreditation include the Series 7 exam , the Uniform Securities Agent State Law Exam (Series 63),

1400-517: The pandemic. As many as 16,000 beneficiaries have been reached across Rajasthan, Madhya Pradesh, Maharashtra, Odisha, Gujarat, Karnataka, Haryana, Tamil Nadu, Andhra Pradesh, and Chhattisgarh under this program. The lender has also identified 250 vulnerable families who have lost an earning member of their family to COVID-19 with a cash relief support of ₹10,000 in a partnership with 'Give India'. Stock broking Examples of professional designations held by individuals in this field, which affects

1440-461: The remaining six teams in the quarter final stage. In the 2015–16 to 2017–18 seasons, the zonal groups were replaced with four groups of seven each. From the tournament's inaugural edition as the Ranji One Day Trophy in 1993–94, through to the 2001–02 season, no finals were held, and teams consequently played only within their zones, with no national winner declared. The table below lists the winners of each zone by year. The most successful teams in

1480-659: The types of investments they are permitted to sell and the services they provide include chartered financial consultants , certified financial planners or chartered financial analysts (in the United States and UK), chartered financial planners (in the UK). In the United States, the Financial Industry Regulatory Authority provides an online tool designed to help understand professional designations. (...) This enigmatic business [i.e.

1520-401: The zonal phase were Bombay/Mumbai (8 titles), Bengal (6), Karnataka (4), Punjab (4), and Tamil Nadu (4). During the 2002–03 and 2003–04 seasons, a final round-robin stage was held for the top teams in each zone. Since the 2004–05 tournament, a playoff format including semi-finals and a final has been held, with varying formats. The tournament was still known as the Ranji One Day Trophy until

1560-616: Was an Indian non-bank financial institution providing debt financing to small and medium-sized enterprises. Post the merger, Vaidyanathan took over as the MD and CEO of the merged entity . The Reserve Bank of India approved his appointment for a period of three years, effective from December 19, 2018. 13.9 shares of IDFC Bank were issued for every share of Capital First as part of the merger scheme. IDFC Bank had faced challenges due to bad loans from legacy infrastructure accounts. Its stock once traded 4.3% lower than its listing price, partly due to

1600-532: Was officially inaugurated by the Prime Minister of India Narendra Modi in October 2015. IDFC Bank started operations on 1 October 2015. In January 2018, IDFC Bank and non-banking financial company Capital First announced a merger, , resulting in a combined loan asset book of Rs 1.03 trillion under the newly formed IDFC First Bank. Capital First was founded in 2012 by V. Vaidyanathan who acquired

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