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2014 - RBI grants a banking license to IDFC Bank. 2017 - The bank IDFC Bank is the first in India to launch an Aadhaar-linked cashless merchant solution. 2018 - IDFC Bank merged with Capital First to create IDFC First Bank. 2020 - The bank announced that it has signed Amitabh Bachchan, as its first brand ambassador.
www .idfc .com. 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.
Mutual Fund. Portfolio Management Services. Website. bandhanmutual .com. Bandhan Mutual Fund is an Indian asset management company that was established in 2000. [1] According to the Association of Mutual Funds in India (AMFI), the company was 9 th largest fund house in India in 2022. [2]
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]
The United States International Development Finance Corporation ( DFC) is a development finance institution and agency of the United States federal government. DFC invests in development projects primarily in lower and middle-income countries. [1] First authorized on 5 October 2018 by the BUILD Act, the independent agency was formed on 20 ...
In December 2018, the non-banking financial company (NBFC) Capital First and the private sector lender IDFC Bank announced the completion of their merger, which has created a combined loan asset book of ₹1.03 lakh crore for the newly merged entity. The merged entity is set to be called IDFC First Bank, subject to approval by its shareholders.
During his career spanning over two decades, he was worked with the World Bank, Warburg Pincus, Morgan Stanley and Asian Development Bank. He was also an assistant professor at Florida Atlantic University. During Lall's tenure, IDFC became India’s biggest infrastructure finance company with balance sheet worth more than ₨ 60,000 crore.
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