IDFC FIRST Bharat Limited, is a wholly owned subsidiary company of IDFC FIRST Bank. The company acts as a Business Correspondent for IDFC FIRST Bank by offering various financial services like group loan products, small medium enterprises, micro housing products, dealership products (Two Wheeler & Consumer Durables). Loan against property and housing finance and insurance to the underserved rural women across 5 states … Read More 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 . [6] In 2024, the bank took over the parent company IDFC Limited in a reverse merger. [7] Effective 18th December 2018, Capital First & IDFC Bank have merged. The merged entity is now IDFC FIRST Bank. The vision of Capital First is to serve and finance India’s 50 million Indian... I am pleased to announce the completion of the merger of IDFC Bank and Capital First , officially combined to form a new enterprise which will be called IDFC FIRST Bank. The merger is a milestone in the history of the two institutions and marks the beginning of a new journey.
