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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. It was an Indian non-bank financial institution providing debt financing to small and medium-sized enterprises .
Infrastructure Development Finance Company Limited, more commonly known as IDFC, is a development finance institution based in India under the Department of Financial Services, Government of India. [2] It provides finance and advisory services for infrastructure projects, as well as asset management and investment banking.
Total assets. ₹155,770 crore (US$20 billion) (2023) Number of employees. 75,500+ (2024) [2] Website. www .bandhanbank .com. Bandhan Bank Ltd. is a banking and financial services company, headquartered in Kolkata. Bandhan Bank is present in 35 out of 36 states and union territories of India, with 6,297 banking outlets and 3.36 crore customers.
HDFC Bank Limited. HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024.
Local Area Banks can operate and open branches in a maximum of 3 geographically contiguous districts. They are governed by the provisions of the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949 and other relevant statutes. They are to be registered as Public Limited Companies under the Companies Act 1956.
The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India.It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector.
V. Vaidyanathan (born 2 January 1968) is an Indian banker who is the Managing Director and Chief Executive Officer (CEO) of IDFC First Bank, [2] formed after the merger of IDFC Bank and Capital First. Prior to assuming this role, he held the position of Chief Executive Officer at ICICI Prudential Life Insurance and was a member of the Board of ...
The International Development Finance Club (IDFC) is a partnership of development banks whose aim is to complement each other's needs for a more efficient global development. [1] IDFC's Secretariat is headquartered in Paris, in the same building as the French Development Agency (5 rue Roland-Barthes, Paris). [1]
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