What we do IDFC FIRST Bank is a universal private sector bank in India offering retail, wholesale, digital banking and treasury services with a strong focus on retail deposits and lending. |
Founded in 2,014 |
Market share Significant presence in retail banking with a diversified loan portfolio and growing deposit franchise; notable among mid-tier private banks in India. |
Problem solved Provides accessible banking and financial services to retail, rural, MSME and corporate customers, addressing needs for loans, deposits, and digital banking solutions. |
Top clients or who we serve Serves retail customers, MSMEs, corporates, and rural borrowers across India; operates B2C and B2B banking businesses with a strong retail focus. |
Key management Mr. V. Vaidyanathan (MD & CEO) is an award-winning banking leader with experience at ICICI, Citibank, and Capital First, known for building customer-centric banking models. |
Our journey and innovations Formed by merger of IDFC Bank and Capital First in 2018; expanded branch network from 206 to 1002 branches; introduced Aadhaar Pay and digital lending solutions; strong asset quality focus. |
Where we operate Pan-India presence with over 1000 branches and 1000+ ATMs; operations span urban and rural India. |
Top products or what we offer Retail loans (home, vehicle, personal), MSME loans, corporate loans, saving and current accounts, credit cards, digital payments, and treasury services. |
Top brands IDFC FIRST Bank mobile app (#1 in India, 28M+ downloads), Aadhaar Pay (India's first Aadhaar-linked merchant solution), Green Deposits as part of ESG initiatives. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from interest income on loans and fee-based services, with steady growth from deposits and lending businesses. |
Our industry position Emerging as one of the leading mid-sized private sector banks with rapidly growing retail franchise and improving capital adequacy and asset quality. |
Financial highlights Deposits of ₹2.82 lakh crore, loan book ₹2.79 lakh crore, FY25 PAT ₹1,525 crore, CASA ratio 51.6%, RoE improving, capital adequacy at 16.22%. |
Geographical revenue split India-wide revenue sources, major concentration in urban and semi-urban India with rural outreach through subsidiaries. |
Order book - |
Whats driving growth Strong retail deposit mobilization, diversified lending across retail, MSME, corporate segments, digital banking innovation, and improving asset quality. |
Our future plans Expanding branch network moderately, raising ₹7,500 crore via preference shares for growth capital, further retail and MSME customer acquisition. |
Our green promise Pioneering green deposits, financing electric vehicles and renewable energy projects; committed to ESG integration and sustainability reporting. |
Our people and values Employee learning, diversity with 18% women on board, strong ethics and governance culture promoting customer centricity and innovation. |
Key challenges ahead Managing credit risk amid evolving economic conditions, reducing dependence on legacy loan portfolios, scaling retail liabilities profitably. |
Interesting facts Only Indian bank in Forrester's Global Top-5 Mobile Banking Apps; launched India’s first Aadhaar-linked cashless merchant solution. |
Risks and strategy Mitigation via diversified portfolio, strong underwriting, capital buffers, ongoing digital transformation and prudential risk governance. |
