IDFC FIRST Bank's asset
IDFC FIRST Bank

@idfcfirstbank.com

At IDFC FIRST Bank we provide comprehensive personal banking services tailored to your needs.

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About

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IDFC FIRST Bank is a prominent financial institution based in India. It was formed by the merger of IDFC Bank and Capital First Ltd. The bank's headquarters are located in Mumbai, Maharashtra, India.


IDFC Bank was originally incorporated in 1997 as a specialized financial institution focusing on infrastructure financing. Over the years, it expanded its scope of services and transitioned into a full-service commercial bank. Meanwhile, Capital First, founded in 2012, was a non-banking finance company that specialized in providing loans to small and medium-sized enterprises.


IDFC FIRST Bank offers a wide range of products and services to its customers. These include savings and current accounts, fixed deposits, loans for individuals and businesses, credit cards, insurance products, and wealth management services. The bank aims to provide convenient, accessible, and transparent banking services to its customers.


On a global scale, IDFC FIRST Bank primarily operates in India. However, it does have a subsidiary called IDFC FIRST Bank Ltd (formerly known as IDFC Asset Management Company Ltd), which offers investment management services. In terms of market position and competition, IDFC FIRST Bank faces competition from both traditional banks and newer digital banks in India.


It aims to differentiate itself by offering a customer-centric approach, innovative products, and personalized services. In recent years, IDFC FIRST Bank has undergone significant changes to enhance its growth and expand its customer base. The merger with Capital First brought in a strong retail lending portfolio and increased the bank's reach into the retail customer segment.


As of the latest information available, IDFC FIRST Bank continues to expand its presence in the Indian banking industry. The bank focuses on leveraging technology, providing exceptional customer service, and creating value for its stakeholders. It remains committed to serving the banking needs of individuals, businesses, and communities in India

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Company Type

Public Company

Company Size

10,001+

Year Founded

2015

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