What is the tagline for idfc first bank

Key people Government of India Services Infrastructure Advisory and Finance Owner Website .idfc .com Infrastructure Development Finance Company Limited, more commonly known as IDFC, is a finance company based in India under the Department of Financial Services,] Government of India. Company history [ ] IDFC was incorporated on 30 January 1997 by In August 2005, the company's equity shares were listed at the In May 2008, the company entered into asset management by acquiring the AMC business of In 2008–09, the company acquired 100% of the share capital of IDFC Capital (Singapore) Pvt Ltd. In the same year, the company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives. IDFC Ltd. to complete merger with References [ ] • (PDF). Parliament of India, Lok Sabha. 1 September 2021. • The Economic Times. 1 September 2017 . Retrieved 27 January 2018. • Business Standard India– via Business Standard. • www.moneycontrol.com. • Reporter, B. S. (8 March 2008). Business Standard India– via Business Standard. • www.idfcfoundation.com. • Vishnoi, Abhishek (10 April 2015). Live Mint. HT Media Ltd . Retrieved 2 October 2015. • External links [ ] • •

Hey there! My name is Aditya Shastri and I have written this case study with the help of my students from the online digital marketing course at IIDE - India's #1 digital marketing institute. These students have put in a lot of effort in researching this topic to ensure that you gain in-depth knowledge and also help you complete your project (if that’s what you’re here for 😉 ) If you find this case study helpful, consider leaving a comment below. This would really motivate us. In our previous article, we learned in detail about the marketing strategy of a really fascinating brand, American Express Bank . In this article, we are going to elaborate on the marketing strategy of IDFC First Bank – an integrated infrastructure finance company. The objective is to learn and know about IDFC First Bank and how it aims at moving the growth trajectory by serving customer segments that are the growth drivers of the Indian economy. Marketing is an integral part of a company’s DNA. Marketing has followed users worldwide as they migrate to the digital realm. If you are interested in new-age digital marketing and want to learn more. In that case, you should definitely check out IIDE’s Free MasterClass on Digital Marketing 101 by our CEO and Founder, Karan Shah. In this blog, we will go over the marketing strategy of IDFC First Bank in detail. Getting to know the company’s history, target audience, and digital presence is the first step in our deep dive. Conclusion – What’s Unique in IDFC ...

Mr V. Vaidyanathan built ICICI Bank’s Retail Banking business from 2000 to 2009 and was also the MD & CEO of ICICI Prudential Life Insurance Company in 2009-10. Capital First grew to be a strong retail franchise in consumer financing, using new-age technology. It grew at 29% per annum with a 5-year profit CAGR of 55% and pristine asset quality. Between March 31, 2010, to March 31, 2018, its Retail Assets under Management increased from ₹94 crore ($14m) to ₹29,625 crore ($4 b, Sep 2018). In just 7 years, the company had financed 7 million customers, and increased market cap 10X. As part of its stated strategy, Capital First was on the lookout for a commercial banking license in order to access retail deposits. READ MORE IDFC Ltd. was granted an in-principle approval by the Reserve Bank of India (RBI) to set up a new bank in 2014. IDFC Bank thus started operations in October 2015, and started building its corporate banking while also launching retail for assets and liability products. Over the next three years, it built strong IT capabilities and designed an efficient treasury management system. Recognizing the emerging risk in infrastructure financing, IDFC Bank put together a strategy to retailise its loan book so as to diversify and increase margins. As part of its strategy to diversify its loan book away from infrastructure, the Bank was looking for a merger with a retail finance institution with adequate scale, profitability and specialised skills. READ MORE IDFC FIRST ...

IDFC First Bank has gone through a tough phase due to asset quality issues and challenging market conditions. Its numbers now suggest that the lender has addressed most of its problems. IDFC First Bank’s profit more than doubled to Rs 281 crore in the third quarter ended December. In an exclusive interview to Moneycontrol, IDFC First Bank managing director V Vaidyanathan said legacy issues are behind it and the lender is on a clear profit track. The bank will focus on wealth management and retail lending and increase its gold loan and microcredit businesses, Vaidyanathan said. Edited excerpts: You had Rs 2,400 crore of exposure to Dewan, Reliance Capital, then Rs 2,000 crore to Vodafone and others. Are legacy issues behind you? Yes – let me just say that all those issues are accounted for. Two large toll-road accounts became NPAs (non-performing assets) in the last two quarters, so they are already out in the declared numbers. Now the telecom account paying us in the last quarter is a major breakthrough. I think all major legacy issues are behind us, accounted for or already part of the NPA. So clearly this is an inflection point… This is an inflection point from two points of view—one, because we are saying the legacy issues are behind us on the assets side. But even more important, let me say the inflection point that has occurred is with respect to operating profit. In the December 2018 quarter, Capital First and IDFC Bank combined and our core operating profit was Rs 2...

As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries. • Erstwhile IDFC BANK LTD. IDFC Limited was set up in 1997 to finance infrastructure, focusing primarily on project finance and mobilization of capital for private sector infrastructure development. Whether it is financial intermediation for infrastructure projects and services, whether adding value through innovative products to the infrastructure value chain or asset maintenance of existing infrastructure projects, the company focused on supporting organisations to get the best return on investments. The Company’s ability to tap global as well as Indian financial resources made it the acknowledged experts in infrastructure finance. Dr. Rajiv Lall joined the company in 2005 and successfully expanded the business to Asset Management, Institutional Broking, and Infrastructure Debt Fund. He applied for a commercial banking license to the RBI in 2013. In 2014, the Reserve Bank of India (RBI) granted an in-principle approval to IDFC Limited to set up a new bank in the private sector. Following this, the IDFC Limited divested its infrastructure finance assets and liabilities to a new entity - IDFC Bank- through demerger. Thus, IDFC Bank was created by de...

IDFC First Bank Ltd. engages in the provision of financial and banking solutions. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Business, and Unallocated. The Treasury segment consists of the Bank's investment portfolio; money market borrowing and lending; investment operations; and entire foreign exchange and derivative portfolio of the Bank. The Corporate and Wholesale Banking segment provides loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking, corporate advisory, project appraisal placement, and syndication. The Retail Banking segment constitutes lending to individuals and business banking customers through the branch network and other delivery channels. The Other Banking Business segment includes revenue from distribution of third party products. The Unallocated segment consists of items which are considered at an enterprise level. The company was founded by Rajiv Behari Lall on October 21, 2014 and is headquartered in Mumbai, India. IDFC First Bank is near its all time high and has show some strength when compared to other banking stocks. That said, it is at a crucial zone, and may go sideways or retrace a bit before breaking out of the ATH zone. But once it does, chances are it will gain strong momentum and keep going for so IDFC First Bank is near its all time high and has show some strength when compared to other banking stocks. That s...

NAME P/E (x) P/B (x) ROE % ROA % Rev CAGR [3Yr] OPM NPM NIM % Cost to Income % Interest income to Earning assets % Net NPA % Capital Adequacy Ratio % 21.04 2.02 9.61 1.03 14.67 -8.72 10.93 5.26 53.75 9.47 0.86 16.82 62.92 1.14 1.80 0.20 -10.86 -14.92 3.24 2.22 42.08 6.39 0.83 17.90 18.13 2.03 11.20 1.40 13.75 -1.72 13.79 5.94 51.88 10.21 1.17 19.76 11.67 1.15 14.08 1.18 9.28 4.15 17.76 2.92 35.05 6.64 0.69 14.81 10.87 0.74 6.79 0.79 4.03 -16.62 9.62 4.20 53.56 8.24 1.10 16.92 Add More • Stock Returns vs Nifty 100 Stock gave a 3 year return of 203.96% as compared to Nifty 100 which gave a return of 83.77%. (as of last trading session) • Stock Returns vs Nifty Bank Stock generated 203.96% return as compared to Nifty Bank which gave investors 113.41% return over 3 year time period. (as of last trading session) About IDFC First Bank IDFC First Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 52,283.16 Crore). IDFC First Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022. The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending 31-03-2023. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 7,822.23 Cror...

Number of employees 20,222 (March 2020) 13.28% Website .idfcfirstbank .com IDFC First Bank (formerly IDFC Bank) It is the first universal bank to offer monthly interest credit on savings accounts, lifetime free credit cards with dynamic and low History [ ] IDFC Limited was set up in 1997 to finance infrastructure projects in IDFC Bank started operations on 1 October 2015, In January 2018, IDFC Bank and non-banking financial company Capital First announced a merger. Capital First, then called Future Capital Holdings, went public on India's stock exchanges in 2008. Between 2008 and 2010, the company started a number of separate businesses through joint ventures. These included financing for real estate developers, corporate credit, private equity, asset management, retail brokerage, foreign exchange, mall management, wealth management, property services, and more. Merger [ ] The Reserve Bank has approved the appointment of V. Vaidyanathan as Managing Director and CEO of IDFC First Bank for a period of three years effective from December 19, 2018. The loan assets and borrowings of IDFC Limited were transferred to IDFC Bank at the time of inception. 13.9 shares of IDFC Bank were issued for every share of Capital First as part of the merger scheme. The parent entity, IDFC Limited, retained the AMC, Institutional Broking and Infrastructure Debt Fund business through IDFC Financial Holding Company Limited (NOFHC). Shareholding [ ] As of December 2022, the promoter holding at the ...