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In January 2018, IDFC Bank and MSME financing company Capital First announced a merger. [15] Capital First was founded as Future Capital Holdings under the Future Group, and was acquired by Warburg Pincus and V. Vaidyanathan in 2012. [16] [17] As per a September 2017 stock filing, Capital First had a retail loan portfolio of ₹ 229.7 billion.
Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs and consumers. In December 2018, it was merged into IDFC Bank to form IDFC First Bank .
After a decade-long stint at ICICI, Vaidyanathan acquired a stake in an existing listed non-bank financial institution and guided it through a transformation into Capital First, ultimately merging it with IDFC Bank to form IDFC First Bank in 2018. [4] [5] In 2022, he was awarded the Ernst & Young Entrepreneur of the Year Award. [6]
In 2008–09, the company acquired 100% of the share capital of IDFC Capital (Singapore) Pvt Ltd. In the same year, the company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives. [9] IDFC Bank started operating banking services on 1 October 2015. [10]
Download as PDF; Printable version; ... Pages in category "IDFC First Bank" ... out of 5 total. This list may not reflect recent changes. C. Capital First Ltd. I.
IDFC Project Equity is a finance company based in India and subsidiary of Infrastructure Development Finance Company Limited . IDFC Project Equity manages the India Infrastructure Fund (IIF), a SEBI-registered domestic venture capital fund focused on infrastructure with a corpus of INR 35 billion (US$875 million). IIF focuses on investing ...
Capital Christian, wrecked reputationally and financially by self-serving, egotistic leaders, will soon be taken over by Destiny’s own self-serving, egotistic leadership team.
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