IDFC First Bank Limited Overview
Pro stress-test →IDFC First Bank Limited provides various banking and financial services in India, operating through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business segments. The bank has successfully transitioned from infrastructure financing to a retail-focused institution with strong deposit growth and improving asset quality.
Strategic Profile
Pro stress-test →Founded in 2015 as a banking subsidiary of IDFC Limited, the bank shifted focus from infrastructure financing to retail banking after its 2018 merger with Capital First, and in 2024 completed a reverse merger taking over its parent company IDFC Limited. The bank positions itself as a customer-centric, ethical, and technology-driven institution, aiming to build a world-class bank.
Competitive Landscape
Pro stress-test →The bank has 213 active competitors in the commercial banking space, with top competitors including RBL Bank, Yes Bank and DCB Bank. IDFC First Bank differentiates itself through technology-driven retail banking, competitive deposit pricing, and focus on mortgages and business lending.
Industry Context
IDFC First Bank Limited operates in Commercial Banking.
Key facts
Founded: 1997 · Headquarters: Mumbai, India · Revenue: $73.01B (next quarter forecast INR) · Market cap: $8.7B