IDFC First Bank LtdNSE IDFCFIRSTB

IDFC First Bank Ltd. engages in the provision of financial and banking solutions. The company is headquartered in Mumbai, Maharashtra and currently employs 35,352 full-time employees. The company went IPO on 2015-11-06. The firm operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The Treasury segment primarily consists of Bank’s investment portfolio, money market borrowing and lending, investment operations and the entire foreign exchange and derivative portfolio of the Bank. The Corporate/Wholesale Banking segment provides loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking and syndication. The Retail Banking segment constitutes lending to individuals/business banking customers through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. The Other Banking Business segment includes revenue from distribution of third-party products. The firm operates approximately 809 branches and over 925 automated teller machines (ATMs).