IDFC First Bank

IDFC FIRST Bank
	Headquarters in Bandra Kurla Complex, Mumbai
Formerly	IDFC Bank (2015–2018)
Type	Public
Traded as	BSE: 539437; NSE: IDFCFIRSTB
ISIN	INE092T01019
Industry	Banking; Financial services
Founded	October 2015
Headquarters	Mumbai, Maharashtra, India
Key people	V. Vaidyanathan (MD & CEO)
Products	Consumer banking; Credit cards; Home loans; Private banking; Wealth management; Investment banking; Corporate banking; Wholesale banking;
Revenue	US$4.4 billion (FY 2026)
Operating income	US$3.2 billion (FY 2026)
Net income	US$179 million (FY 2026)
AUM	US$32.2 billion (FY 2026)
Total assets	US$44.4 billion (FY 2026)
Total equity	US$5.1 billion (FY 2026)
Number of employees	49,123 (January 2026)
Subsidiaries	IDFC FIRST Bharat;
Capital ratio	15.05% (CRAR) (Q1 FY 2027)
Rating	CRISIL AA+/Stable; Ind-Ra IND AA+/Stable; CARE AA+/Stable (NCDs);
Website	www.idfcfirst.bank.in

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 after its 2018 merger with Capital First. In 2024, IDFC First Bank took over the parent company IDFC Limited in a reverse merger. Before this, the government had the controlling ownership of IDFC Ltd.