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
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.

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