IDFC FIRST Bank Merger and Financial Overview

IDFC FIRST Bank was created through Merger of two institutions IDFC FIRST Bank History IDFC FIRST Bank was created by the merger of Erstwhile IDFC Bank and Erstwhile Capital First on December 18, 2018. Prior to this IDFC First Bank was a premier infrastructure Financing Domestic Financial Institution renowned for its contribution to infrastructure in India since 1997. Capital First was a highly successful consumer and MSME financing entity since 2012 with strong track record of growth, profits and asset quality. 13.9 shares of IDFC Bank were issued for every share of Capital First as part of the merger scheme. 9 IDFC FIRST Bank

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