IDFC First Bank

IDFC FIRST Bank
Company typePrivate sector bank
BSE539437
NSEIDFCFIRSTB
ISININE092T01019
IndustryBanking
Financial services
PredecessorIDFC Bank
Capital First Ltd.
FoundedOctober 2015; 8 years ago (2015-10)
HeadquartersMumbai, Maharashtra, India
Key people
V. Vaidyanathan (MD & CEO) [1]
Products
RevenueIncrease 36,257 crore (US$4.3 billion) (2024)[2]
Increase 6,239 crore (US$750 million) (2024)[2]
Increase 2,942 crore (US$350 million) (2024)[2]
Total assetsIncrease 296,210 crore (US$35 billion) (2024)[3]
Total equityIncrease 25,145 crore (US$3.0 billion) (2024)[3]
Number of employees
20,222 (March 2020)
ParentInfrastructure Development Finance Company
Subsidiaries
Capital ratio13.28% [2]
Rating
Websitewww.idfcfirstbank.com

IDFC FIRST Bank is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First, an Indian non-bank financial institution.[7]

  1. ^ "RBI approves appointment of V Vaidyanathan as MD, CEO of IDFC FIRST Bank".
  2. ^ a b c d "IDFC First Bank" (PDF).
  3. ^ a b "IDFC First Bank" (PDF).
  4. ^ "CRISIL upgrades IDFC First Bank's LT rating to 'AA+'". Capital Market. 5 June 2023. Retrieved 21 June 2023.
  5. ^ "Ind-Ra affirms IDFC First Bank's debt instruments ratings with stable outlook". Financial Express. 12 December 2023. Retrieved 26 December 2023.
  6. ^ "IDFC FIRST Bank Ltd Long Term Instruments - Non Convertible Debentures October 03, 2023" (PDF). CARE Ratings. 3 October 2023. Retrieved 1 February 2024.
  7. ^ "7 things to know about IDFC Bank | Business Standard News". Business-standard.com. 1 October 2015. Retrieved 15 October 2016.