Shareholders of IDFC First Bank have given the green light for the merger with its parent company, IDFC Ltd. This merger aims to simplify the corporate structure and enhance operational efficiency. By consolidating their resources, the unified entity hopes to strengthen its market position and offer better value to its customers and stakeholders. The approval marks a significant step in the bank's strategic growth plan, potentially leading to improved financial performance and a more streamlined organization. This move is seen as a positive development for the future of IDFC First Bank.