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IDFC FIRST Bank
Always You First
Headquarters in Bandra Kurla Complex, Mumbai
Company type
Private sector bank
Traded as
BSE: 539437 NSE: IDFCFIRSTB
ISIN
INE092T01019
Industry
Banking Financial services
Predecessor
IDFC Bank Capital First Ltd.
Founded
October 2015; 8 years ago (2015-10)
Headquarters
Mumbai, Maharashtra, India
Key people
V. Vaidyanathan (MD & CEO)[1]
Products
Consumer banking
Credit cards
Home loans
Loans against property
Personal loans
Consumer Durable loans
Vehicle loans
Business loans
Micro Enterprise loans
Private banking
Wealth management
Investment banking
Corporate banking
Wholesale banking
Revenue
₹36,257 crore (US$4.5 billion) (2024)[2]
Operating income
₹6,239 crore (US$780 million) (2024)[2]
Net income
₹2,942 crore (US$370 million) (2024)[2]
Total assets
₹296,210 crore (US$37 billion) (2024)[3]
Total equity
₹25,145 crore (US$3.1 billion) (2024)[3]
Number of employees
20,222 (March 2020)
Parent
Infrastructure Development Finance Company
Subsidiaries
IDFC FIRST Bharat
Capital ratio
13.28% [2]
Rating
CRISIL AA+/Stable[4]
Ind-Ra IND AA+/Stable[5]
CARE AA+/Stable (NCDs) [6]
Website
www.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]
^"RBI approves appointment of V Vaidyanathan as MD, CEO of IDFC FIRST Bank".
^ abcd"IDFC First Bank" (PDF).
^ ab"IDFC First Bank" (PDF).
^"CRISIL upgrades IDFC First Bank's LT rating to 'AA+'". Capital Market. 5 June 2023. Retrieved 21 June 2023.
^"Ind-Ra affirms IDFC First Bank's debt instruments ratings with stable outlook". Financial Express. 12 December 2023. Retrieved 26 December 2023.
^"IDFC FIRST Bank Ltd Long Term Instruments - Non Convertible Debentures October 03, 2023" (PDF). CARE Ratings. 3 October 2023. Retrieved 1 February 2024.
^"7 things to know about IDFC Bank | Business Standard News". Business-standard.com. 1 October 2015. Retrieved 15 October 2016.
IDFCFIRSTBank is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First...
its domestic & international season during 2023–26. In August 2023, IDFCFirstBank replaced Mastercard as the current title sponsor for all international...
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara. It offers...
in-principle approval to IDFC, Bandhan for new bank licences". The Economic Times. Retrieved 4 April 2022. "RBI gives nod to bank licences for IDFC, Bandhan". India...
joined IDFC as MD and CEO. he serves as a director of IDFC Trustee Company Pvt. Ltd., IDFC Capital Company Limited, IDFC Projects Limited, IDFC-SSKI Securities...
Retrieved 14 October 2018. "Reserve Bank of India - Publications". Rbi.org.in. Retrieved 14 October 2018. "IDFC". www.idfc.org. "SIDBI's Financial Inclusion...
FASTag. The latest version 2.0 can also be used to buy fuel. IDFCFirstBank has become the first one to get an approval from the RBI. The Ministry of Road...
settlement risk. State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFCFirstBank and HSBC are participating...
world scenario." V. Vaidyanathan, the managing director and CEO of IDFCFirstBank called it "a natural progression of the previous Budgets in terms of...
The Vijay Hazare Trophy (officially known as the IDFCFirstBank Vijay Hazare Trophy for sponsorship reasons), which superseded the Ranji One Day Trophy...
Prof. D.B. Deodhar Trophy or simply Deodhar Trophy (also known as IDFCFirstBank Deodhar Trophy due to sponsorship reasons), is a List A cricket domestic...
is planning to integrate One District One Product scheme with ONDC. IDFCFirstBank joined ONDC on 8 September 2022 and will push its current account holders...
Bank IDFCFIRSTBank IndusInd Bank Karnataka Bank Kotak Mahindra Bank Yes Bank RBL Bank ABN AMRO First Abu Dhabi Bank Abu Dhabi Commercial Bank American...
Ambani Cultural Centre, ICICI Bank, Citibank, Dena Bank, Bank of Baroda, State Bank of India, Bank of India, Kotak Mahindra Bank, Bharat Diamond Bourse, Unit...
the Irani Trophy, (officially as the IDFCFirstBank Irani Trophy for sponsorship reasons), is an annual first-class cricket match organised by the Board...
The Duleep Trophy, also known as IDFCFirstBank Duleep trophy due to sponsorship reasons, is a domestic first-class cricket competition played in India...
and consumers using older 2G cellular networks. On 8 November 2017, IDFCFirstBank entered into a strategic partnership with digital payments solution...
The Reserve Bank of India (RBI) has identified the HDFC Bank, State Bank of India, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which...
108-capacity Wankhede Stadium in Mumbai. In 2017, the Mumbai Indians became the first franchise to cross the $100 million mark in brand value among the IPL franchises...
BCCI. Adidas is kit sponsor (since June 2023), September 2023 onwards IDFCFirstBank is title sponsor for all the bilateral series in India and for all...
IDFC Bharat Ltd is a microfinance bank (Formerly known as Grama Vidiyal), operating in the Tamil Nadu area of South India. Since 1993, it has provided...
Global Information
₹36,257 crore (US$4.5 billion) (2024)[2]