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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 in the years after its 2018 merger with Capital First . [ 6 ]
On 13 January 2018, IDFC Bank and Capital First announced a merger. IDFC Bank issued 139 shares for every 10 shares of Capital First, and Vaidyanathan took over as the MD and CEO of the combined bank. [21] [22] Effectively Vaidyanathan successfully secured a banking license for Capital First through the merger and assumed control of the bank's ...
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] On 1 October 2024, IDFC Limited merged with the bank, with shareholders receiving 155 bank shares for every 100 IDFC Limited shares. [11]
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Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
Wockhardt headquarters IDFC First Bank headquarters IL&FS headquarters NSE building at Bandra Kurla Complex The Capital Jio World Centre Fountain of Joy, Dhirubhai Ambani Square JSW Group headquarters Bharat Diamond Bourse Edelweiss Tower. The Bandra Kurla Complex is a Central business district in the city of Mumbai, India.
Before joining Warburg Pincus in 1997, Rajiv Lall was the Head of Asian Economic Research with Morgan Stanley Asia. [3]In 2005, Lall joined IDFC as MD and CEO. he serves as a director of IDFC Trustee Company Pvt. Ltd., IDFC Capital Company Limited, IDFC Projects Limited, IDFC-SSKI Securities Limited, IDFC-SSKI Limited, IDFC Bank, STCI Finance Limited, National Stock Exchange of India Limited ...
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai.It serves over 100 million customers with 40,187 employees, 5,856 branches with 4,937 ATMs and Cash deposit machines.