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.
Country | India |
Founded | 1997 |
Industry | Banks - Regional |
Sector | Financials |
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 | IDFCFIRSTB |
Exchange | National Stock Exchange of India |
Fiscal Year | April - March |
Reporting Currency | INR |
ISIN Number | INE092T01019 |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Vembu Vaidyanathan AMP (HBS), MBA | MD, Chief Executive Officer and Director |
Pradeep Natarajan | Head of Retail Banking and Executive Director |
Sudhanshu Jain | Chief Financial Officer and Head of Corporate Centre |
Saptarshi Bapari | Head of Investor Relations |
Satish Ashok Gaikwad | Head of Legal and Company Secretary |
Neerav Maniar | Chief Compliance Officer |
Adrian Andrade | Chief Human Resources Officer and Head of Communications and Human Resources |
Naarayan T. V | Chief Marketing Officer |
Paritosh Mathur | Head of Wholesale Banking |
Chetan Sanghvi | Chief Risk Officer |