IDFC First Bank

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
Headquarters	Mumbai, Maharashtra, India
Key people	V. Vaidyanathan; (MD & CEO)
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	₹22,728 crore (US$2.8 billion) (2023)
Operating income	₹3,331 crore (US$420 million) (2023)
Net income	₹2,485 crore (US$310 million) (2023)
Total assets	₹239,882 crore (US$30 billion) (2023)
Total equity	₹6,618 crore (US$830 million) (2023)
Number of employees	20,222 (March 2020)
Parent	Infrastructure Development Finance Company
Subsidiaries	IDFC FIRST Bharat;
Capital ratio	13.28%
Rating	CRISIL AA+/Stable; Ind-Ra IND AA+/Stable; CARE AA+/Stable (NCDs) ;
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. It is the first universal bank to offer monthly interest credit on savings accounts, lifetime free credit cards with dynamic and low annual percentage rates.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.