IDFC FIRST Bank

IDFC FIRST Bank Limited is an Indian universal bank headquartered in Mumbai, Maharashtra. The bank provides retail, commercial, corporate, wholesale, treasury, and digital banking services across India through a network of branches, ATMs, and digital channels, and is publicly listed on the National Stock Exchange of India and the BSE under the ticker IDFCFIRSTB.

The bank in its current form was created in December 2018 through the merger of IDFC Bank Limited — which had been founded in 2015 after demerging from the project-finance group IDFC Limited — with Capital First Limited, a non-banking financial company specialising in consumer and small-and-medium-enterprise lending. V. Vaidyanathan, the founder of Capital First, became the managing director and chief executive of the combined bank, which was subsequently rebranded IDFC FIRST Bank and pivoted strategically towards retail deposits, retail and rural lending, credit cards, and digital banking.