IDFC First Bank Ltd - Company Profile
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IDFC First Bank Ltd (IDFC First Bank) is a provider of banking services. It offers personal banking, business banking, wholesale banking and wealth management products and services. The company provides savings accounts, fixed deposits, recurring deposits, home loans, personal loans, commercial vehicle loans, investment-linked insurance, loans against property, personal and business insurance, credit and debit cards and business investment solutions. IDFC First Bank serves individuals, multinational corporations, government entities and other financial institutions. It operates through its branches and automated teller machines (ATMs) across India. IDFC First Bank is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Naman Chambers, C-32, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051
Website
www.idfcfirstbank.com
Telephone
91 22 71325500
No of Employees
42,190
Industry
Financial Services
Ticker Symbol & Exchange
IDFCFIRSTB (NSE)
Revenue (2025)
$5.6B
19.9%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-49.3%
(2025 vs 2024)
Market Cap*
$7.3B
Net Profit Margin (2024)
XYZ
-57.8%
(2025 vs 2024)
* As of and is in US$
IDFC First Bank Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Personal Banking: | Cash Management |
| Accounts and Deposits: | Mobile Banking |
| Savings Account | Payment Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In March, the company sold its 2.37% stake in GMR Kamalanga Energy to GMR Energy Ltd. |
| 2026 | New Products/Services | In January, the bank introduced a Zero-Forex Diamond Reserve Credit Card. |
| 2026 | Regulatory Approval | In February, the bank received approval from the Reserve Bank of India to sell its 9.95% stake to ICICI Prudential Asset Management Company. |
Competitor Comparison
| Key Parameters | IDFC First Bank Ltd | HDFC Bank Ltd | ICICI Bank Ltd | Kotak Mahindra Bank Ltd | IndusInd Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 42,190 | 215,739 | 129,177 | 61,170 | 44,974 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vaidyanathan Vembu | Managing Director; Director; Chief Executive Officer | Executive Board | 2021 | 57 |
| Sudhanshu Jain | Chief Financial Officer; Head - Corporate Centre | Senior Management | - | - |
| Shreepad Shende | Chief Marketing Officer | Senior Management | 2025 | - |
| Chetan Sanghvi | Chief Risk Officer | Senior Management | - | - |
| Neerav Maniar | Chief Compliance Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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