IDFC First Bank

IDFC FIRST Bank
FormerlyIDFC Bank (2015–2018)
Company typePublic
BSE: 539437
NSE: IDFCFIRSTB
ISININE092T01019
IndustryBanking
Financial services
FoundedOctober 2015 (2015-10)
HeadquartersMumbai, Maharashtra, India
Key people
V. Vaidyanathan (MD & CEO)
Products
Revenue 36,257 crore (US$4.3 billion) (2024)
6,239 crore (US$740 million) (2024)
2,942 crore (US$350 million) (2024)
Total assets 343,817 crore (US$41 billion) (2025)
Total equity 25,145 crore (US$3.0 billion) (2024)
Number of employees
41,141 (March 2024)
Subsidiaries
Capital ratio13.28%
Rating
  • CRISIL AA+/Stable
  • Ind-Ra IND AA+/Stable
  • CARE AA+/Stable (NCDs)
Websitewww.idfcfirstbank.com

IDFC First Bank (stylised as IDFC FIRST Bank) is an Indian private sector bank based in Mumbai. Founded in 2015 as a banking subsidiary of IDFC Limited, it shifted focus from infrastructure financing to retail banking after its 2018 merger with Capital First. In 2024, the bank took over the parent company IDFC Limited in a reverse merger.