IDFC First Bank Limited (IDFCFIRSTB.NS)

82.20 0.00 (0.00%) At close: 03:30PM IST

IDFC First Bank Limited

IDFC FIRST Bank Tower, (The Square)
C-61, G Block Bandra-Kurla Complex Bandra (East)
Mumbai 400051
India
91 22 7132 5500
https://www.idfcfirstbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Vembu Vaidyanathan AMP (HBS), MBA	MD, CEO & Director	N/A	N/A	1968
Mr. Sudhanshu Jain	CFO & Head of Corporate Centre	15.56M	N/A	N/A
Mr. Saptarshi Bapari	Head of Investor Relations	N/A	N/A	N/A
Mr. Satish Ashok Gaikwad	Head of Legal & Company Secretary	8.08M	N/A	1980
Mr. Neerav Maniar	Chief Compliance Officer	N/A	N/A	N/A
Mr. Adrian Andrade	Chief Human Resources Officer and Head of Communications & Human Resources	N/A	N/A	N/A
Mr. Naarayan T. V	Chief Marketing Officer	N/A	N/A	N/A
Mr. Ravi Shankar Prasad	Head of Bharat Banking	N/A	N/A	N/A
Mr. Amit Kumar	Head of Retail Liabilities & Branch Banking	N/A	N/A	N/A
Mr. Pradeep Natarajan	Whole Time Director & Head of Retail Assets	N/A	N/A	N/A

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

IDFC First Bank Limited provides various banking, and financial products and services to corporates, individuals, multi-national companies, SMEs/entrepreneurs, financial institutions, and the government in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business segments. The company provides savings, corporate salary, current, and business accounts; fixed and recurring deposits; debit, credit, and prepaid cards; and payment services. It also offers personal, consumer durable, home, car, two-wheeler, commercial vehicle, education, gold, business, working capital, construction equipment, professional, term, and micro enterprise loans; farmer producer organization finance; and loan against property and loans for women. In addition, the company provides corporate linked finance products, including sales bill/purchase bill/invoice discounting, vendor finance, dealer finance, and factoring/receivables purchase; treasury and capital market services; and trade finance and services comprising import-export solutions, bank guarantees, domestic trade, and remittance products, as well as BXP, an online trade portal. Further, it offers investment services consisting of mutual funds, gold bonds, demat and trading account, and investment linked insurance solutions; term, life, health, motor, home, travel, business, and pradhan mantri insurance products, as well as pension, savings, and annuity plans; safe deposit lockers; and mobile and Internet banking services. Additionally, the company provides cash management services; escrow services; and NRI banking services. The company was formerly known as IDFC Bank Limited and changed its name to IDFC First Bank Limited in January 2019. IDFC First Bank Limited was incorporated in 2014 and is based in Mumbai, India.

Corporate governance

IDFC First Bank Limited’s ISS governance QualityScore as of 29 June 2024 is 4. The pillar scores are Audit: 4; Board: 1; Shareholder rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.