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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 four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business.
The company offers savings accounts, corporate salary accounts, and current accounts; fixed, recurring, and travel deposits; debit and prepaid cards; and payment services. It also provides personal, consumer durable, home, car, two wheeler, commercial vehicle, equipment hypothecation, business, working capital, business, and micro enterprise loans, as well as loan against property and loan for women; investment services covering mutual funds, gold bonds, and investment linked insurance solutions; term, health, motor, home, investment linked, and travel insurance; and mobile and Internet banking services.
In addition, the company offers cash management and forex services; wholesale banking services, such as investment banking services; and investment management solutions. As of March 31, 2019, it operated 242 branches, 141 ATMs, 102 asset branches, 354 rural financing branches, and 100 business correspondence centers. The company was formerly known as IDFC Bank Limited and changed its name to IDFC First Bank Limited in January 2019. The company was incorporated in 2014 and is headquartered in Mumbai, India.
The bank serves corporate and private customers in India including the infrastructure sector that IDFC specialized in from its founding in 1997. The bank also aims to provide services to people in rural areas and to the self-employed
Sector: Financial Services
Phone: 91 22 7132 5500