Indian private-sector universal bank formed from the IDFC Bank and Capital First merger, serving 38 million customers through 1,147 branches.
idfcfirst.bank.inLegal name
IDFC FIRST Bank Limited (CIN L65110TN2014PLC097792)
MD & CEO
V. Vaidyanathan
Chairperson
Sanjeeb Chaudhuri, Non-Executive Independent Director
Founded
Incorporated 21 October 2014, banking operations began October 2015
Industry
Banking and financial services, private-sector universal bank
Market Cap
Rs 68,815 crore as of 23 July 2026
Listed on
NSE: IDFCFIRSTB, BSE: 539437
Headquarters
IDFC FIRST Bank Tower, The Square, C-61 G Block, Bandra Kurla Complex, Mumbai 400051, with the registered office at KRM Tower, Chetpet, Chennai 600031
IDFC FIRST Bank Limited is an Indian private-sector universal bank headquartered at Bandra Kurla Complex in Mumbai, with its registered office in Chennai. It was incorporated on 21 October 2014 and began banking operations in October 2015 as a subsidiary of infrastructure lender IDFC Limited. The bank took its present shape in December 2018 when IDFC Bank merged with retail lender Capital First, and the structure was simplified again on 1 October 2024 when IDFC Limited itself merged into the bank in a reverse merger. Shares trade on the NSE as IDFCFIRSTB and on the BSE under code 539437.
The bank runs a full-service model covering retail, MSME, rural, startup, corporate and government banking, along with cash and wealth management, credit cards, working capital, trade finance and treasury. As of 31 March 2026 it served 38 million customers through 1,147 branches reaching more than 60,000 cities, towns and villages. Customer deposits stood at Rs 2,84,453 crore and loans and advances at Rs 2,90,278 crore, with a CASA ratio of 49.80% and capital adequacy of 15.60%. Credit cards in force crossed 4.5 million during the March 2026 quarter.
Consolidated revenue for FY26 was Rs 40,549 crore against Rs 36,502 crore in FY25, and market capitalisation was about Rs 68,815 crore in late July 2026. V. Vaidyanathan is Managing Director and CEO, Sanjeeb Chaudhuri chairs the board as a non-executive independent director, and Sudhanshu Jain is Chief Financial Officer. LinkedIn lists 53,017 employees at the bank, and hiring is heaviest in branch banking, retail acquisition, wealth relationship management and vehicle and rural lending roles across India.
Managing Director & CEO
Chairperson, Non-Executive Independent Director
Chief Financial Officer
Executive Director
Interview experience
7 out of 10, rated favourable
Interview difficulty
Medium, 6 out of 10
Interview process length
About a week for most candidates
Practise real questions, get instant feedback, and walk in ready for every round.
Q: Design the architecture of a Hotel Management System.
A: Start with the core entities: rooms, room types, guests, bookings, payments and staff. Then layer an API tier over the data model, add availability and pricing services, and explain how you'd keep bookings consistent under concurrent requests.
Q: Why would a SQL or a NoSQL implementation be more optimal in certain scenarios?
A: SQL fits when the schema is stable and you need multi-row transactions and joins, which is typical of banking ledgers. NoSQL fits when the shape of the data varies, reads dominate, and you need horizontal scale more than strict consistency.
Q: Normalise the schema you designed up to the 3rd Normal Form.
A: Walk through each form in order: remove repeating groups for 1NF, remove partial dependencies on a composite key for 2NF, then remove transitive dependencies for 3NF. Show the table split at each step rather than jumping to the answer.
Q: Optimise the Fibonacci Numbers solution and explain time complexity, overlapping subproblems and dynamic programming.
A: Begin with naive recursion at O(2^n), show the repeated subtrees that make it slow, then memoise for O(n) time and O(n) space, and finally use two rolling variables for O(n) time and O(1) space.
Practise real questions, get instant feedback, and walk in ready for every round.
Estimated average
₹15,77,658 per year
14 salaries reported Salaries submitted
Estimated average
₹14,55,745 per year
10 salaries reported Salaries submitted
Estimated average
₹18,89,536 per year
11 salaries reported Salaries submitted
Estimated average
₹19,77,914 per year
7 salaries reported Salaries submitted
Estimated average
₹19,23,921 per year
11 salaries reported Salaries submitted
Estimated average
₹18,25,080 per year
7 salaries reported Salaries submitted
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July 6, 2026
IDFC FIRST Bank goes live on the EPFO payment platform
The bank launched provident fund payment services integrated with the Employees' Provident Fund Organisation, letting businesses initiate PF payments on the EPFO portal and complete them on the bank's digital channels. It already supports direct tax, GST and customs duty payments.
#DigitalBanking #Compliance #ProductLaunch
View postJuly 3, 2026
Q1 FY27 business update: loans up 20.6% year on year
Loans and advances rose 20.6% to Rs 3,05,488 crore for the June 2026 quarter and total deposits grew 17.7% to Rs 3,11,874 crore. The CASA ratio improved to 50.8% from 48.0% a year earlier.
#Results #Growth #Deposits
View postApril 25, 2026
Q4 FY26 profit up 5% at Rs 319 crore, normalised PAT Rs 746 crore
The board approved audited FY26 results showing customer deposits of Rs 2,84,453 crore, advances of Rs 2,90,278 crore and capital adequacy of 15.60%. Gross NPA fell to 1.61% and net NPA to 0.48%, and the bank fully expensed the Chandigarh incident at a post-tax impact of Rs 483 crore.
#Results #AssetQuality #FY26
View postMarch 11, 2026
Enforcement Directorate raids 19 premises in the Chandigarh branch fraud case
The ED searched premises in Chandigarh, Gurgaon and Mohali to trace roughly Rs 590 crore allegedly embezzled from Haryana government accounts held at the bank's Chandigarh branch. Funds meant for fixed deposits were allegedly diverted through shell companies.
#Fraud #Investigation #Governance
View postApril 17, 2025
Warburg Pincus and ADIA to invest about Rs 7,500 crore
Currant Sea Investments B.V., a Warburg Pincus affiliate, committed Rs 4,876 crore and ADIA's Platinum Invictus B 2025 RSC Rs 2,624 crore via compulsorily convertible preference shares. The raise was expected to lift capital adequacy from 16.1% to 18.9%, subject to shareholder and regulatory approvals.
#Funding #PrivateEquity #Capital
View postIt's an Indian private-sector universal bank covering retail, MSME, rural, startup, corporate and government banking, plus cash and wealth management, credit cards, working capital, trade finance and treasury. As of 31 March 2026 it served 38 million customers through 1,147 branches.
