Capital First Investor Presentation September 2018 slide image

Capital First Investor Presentation September 2018

IDFC FIRST Bank was created by merger of IDFC Bank and Capital First • IDFC FIRST Bank was created by the merger of Erstwhile IDFC Bank and Erstwhile Capital First on December 18, 2018. • • • Erstwhile IDFC Bank started its operation as a Bank after demerger from IDFC Ltd, a premier, successful infrastructure Financing Domestic Financial Institution since 1997. The loan assets and borrowings of IDFC limited were transferred to IDFC Bank at inception of IDFC Bank. Erstwhile Capital First was a successful consumer and MSME financing entity since 2012 with strong track record of growth, profits and asset quality. On merger, the Bank was renamed IDFC FIRST Bank. IDFC + IDFC BANK CAPITAL FIRST IDFC FIRST Bank On merger, 13.9 shares of IDFC Bank were issued for every share of Capital First as part of the merger scheme in December 2018 87 IDFC FIRST Bank
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