IDFC First Bank Limited (BOM: 539437)
India flag India · Delayed Price · Currency is INR
61.72
-3.39 (-5.21%)
At close: Dec 20, 2024

IDFC First Bank Company Description

IDFC First Bank Limited engages in the provision of various banking and financial services to corporates, individuals, multi-national companies, SMEs/entrepreneurs, financial institutions, and the government in India.

The company operates through four segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business.

It accepts savings, corporate salary, current, business, and nostro/vostro accounts; fixed and recurring deposits; and provides debit, credit, and prepaid cards, as well as payment services.

The company also offers personal, consumer durable, home, car, two-wheeler, commercial vehicle, education, gold, business, working capital, construction equipment, professional, term, foreign currency, and micro enterprise loans; farmer producer organization finance; and loan against property and loans for women.

In addition, it provides supply chain financing products, including trade finance, vendor and dealer finance, and factoring/receivables purchase; treasury and capital market services; wealth management services; and trade finance and services comprising import-export solutions, bank guarantees, domestic trade, and remittance products, as well as BXP, an online trade portal.

Further, the company offers investment services consisting of mutual funds, gold bonds, demat and trading account, and investment linked insurance solutions; distributes term, life, general, health, motor, home, travel, business, and pradhan mantri insurance products, as well as pension, savings, and annuity plans; and provides safe deposit lockers, overdrafts, and mobile and Internet banking services.

Additionally, it provides cash management services; escrow services; and NRI banking services. The company was formerly known as IDFC Bank Limited and changed its name to IDFC First Bank Limited in January 2019.

IDFC First Bank Limited was founded in 1997 and is headquartered in Mumbai, India.

IDFC First Bank Limited
Country India
Founded 1997
Industry Commercial Banks
Employees 41,141
CEO Vembu Vaidyanathan

Contact Details

Address:
IDFC FIRST Bank Tower (The Square)
Mumbai, Maharashtra 400051
India
Phone 91 22 7132 5500
Website idfcfirstbank.com

Stock Details

Ticker Symbol 539437
Exchange Bombay Stock Exchange
Fiscal Year April - March
Reporting Currency INR
SIC Code 6020

Key Executives

Name Position
Vembu Vaidyanathan Chief Executive Officer
Sudhanshu Jain Chief Financial Officer
Saptarshi Bapari Head of Investor Relations