Business Summary
IDFC FIRST Bank Limited (the Bank) is a universal bank. The Bank offers end to end corporate banking, trade finance, such as issuance of LCs & BGs, SBLC, packing credit, pre-shipment and post-shipment finance, treasury products, including risk hedging solutions like forwards, swaps, options, and other forex solutions, SME banking, wealth management, NRI banking, cash management, nostro and vostro account operations, Escrow facilities, correspondent banking, fastag, toll-acquiring, dealer finance and purchase/sales invoice discounting. Its treasury segment primarily consists of the Bank’s investment portfolio, money market borrowing and lending, investment operations and foreign exchange and derivatives portfolio of the Bank. Its corporate/wholesale banking segment provides loans, non-fund facilities, and transaction services. Its retail banking segment lends to individual / business banking customers. Its other banking business segment includes distribution of third-party products.
Country of Incorporation
India
Incorporation Date
2014-10-21
Business Sector
Banking & Investment Services
Company Address
The Square,C-61, G Block, Ground Floor To 8th Floor Bandra Kurla Complex, Bandra East