IDFC First Bank

IDFC FIRST Bank
FormerlyIDFC Bank (2015–2018)
Company typePublic
BSE539437
NSEIDFCFIRSTB
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)
1,491 crore (US$180 million) (2025)
Total assets 343,817 crore (US$41 billion) (2025)
Total equity 25,145 crore (US$3.0 billion) (2024)
Number of employees
49,123 (January 2026)
Subsidiaries
Capital ratio13.28%
Rating
  • CRISIL AA+/Stable
  • Ind-Ra IND AA+/Stable
  • CARE AA+/Stable (NCDs)
Websitewww.idfcfirst.bank.in

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, IDFC First Bank took over the parent company IDFC Limited in a reverse merger.