IDFC First Bank

Mumbai, India Founded: 1997 • Age: 29 yrs
Commercial bank
Annual revenue $5.1B Latest available
Total funding - 4 rounds
Employees 42190 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About IDFC First Bank

IDFC First Bank is a company based in Mumbai (India) founded in 1997. The company has 42,190 employees as of March 31, 2024. IDFC First Bank has completed 1 acquisition, including GVMFL. IDFC First Bank operates in a competitive market with competitors including Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.

  • Headquarter Mumbai, India
  • Employees 42190 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Idfc First Bank Ltd.
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.07 B (USD)
    0
    as on Mar 31, 2025
  • Net Profit
    $174.4 M (USD)
    0
    as on Mar 31, 2025
  • EBITDA
    Not available
  • Latest Funding Round
    $874.58 M (USD), Post-IPO

    Apr 17, 2025

  • Investors
    BNP Paribas

    & 8 more

  • Employee Count
    42190

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of IDFC First Bank

IDFC First Bank is a publicly listed company on the NSE with ticker symbol IDFCFIRSTB in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: IDFCFIRSTB · Sector: Finance · India

Funding Insights of IDFC First Bank

Investors in IDFC First Bank

IDFC First Bank has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include BNP Paribas, Tata AIA and ICICI Prudential Life Insurance.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
Locked Locked Locked
Diversified investment management services are provided by the firm.
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Banking & financial service provider
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Investor details for IDFC First Bank

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Investments & Acquisitions by IDFC First Bank

IDFC First Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GVMFL.

Investments
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Investment portfolio details for IDFC First Bank

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Micro Loans in Tamil Nadu
Locked Locked 1986 Locked
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Complete acquisition details for IDFC First Bank

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Financial Statements - IDFC First Bank

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Detailed financials for IDFC First Bank

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Idfc First Bank Comparisons

IDFC First Bank Primary company
Description
Commercial bank
Location
Mumbai, India
Founded Year
1997
Annual Revenue
$5.07 B (USD)
Net Profit
$174.4 M (USD)
EBITDA
Not available
Employees
42,190
As of 2024
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Peer comparison for IDFC First Bank

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of IDFC First Bank

IDFC First Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of a commercial banking services
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Personal and business banking services are offered to underbanked markets.
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Commercial and personal banking services are offered by HDFC Bank.
Locked Locked Locked
Commercial banking services for personal and business needs are provided.
Locked Locked Locked
Commercial banking services are offered to individuals and businesses.
Locked Locked Locked
Commercial banking services are offered to corporate and retail customers.
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Detailed competitors of IDFC First Bank

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Latest news on Idfc First Bank

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Complete news archive for IDFC First Bank

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Frequently Asked Questions about IDFC First Bank

IDFC First Bank was founded in 1997 and raised its 1st funding round 23 years after it was founded.

IDFC First Bank is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vembu Vaidyanathan is the current CEO of IDFC First Bank.

As of Mar 31, 2024, the latest employee count at IDFC First Bank is 42,190.

Annual revenue of IDFC First Bank is $5.07B as on Mar 31, 2025.

Founded in 1997 and headquartered in Mumbai, India, IDFC First Bank operates as a commercial bank. A variety of personal and business banking products is offered, including savings and current accounts, loans, investments, credit cards, and wealth management services. The institution is focused on technology integration and ethical practices within the Indian financial sector.

IDFC First Bank's top competitors include Yes Bank, Axis Bank and RBL Bank.

Yes, IDFC First Bank is publicly traded on NSE under the ticker symbol IDFCFIRSTB.

IDFC First Bank has made 1 acquisition, including GVMFL.

IDFC First Bank has 9 investors. Key investors include BNP Paribas, Tata AIA, ICICI Prudential Life Insurance, HDFC Life, and Warburg Pincus.

The ticker symbol of IDFC First Bank is IDFCFIRSTB on NSE.

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