Awards & Recognitions
Background and history of erstwhile IDFC Bank
About IDFC Bank
Section 4: Background IDFC FIRST Bank
IDFC Limited was a leading and reputed infrastructure financing Domestic Finance Institution. The institution diversified into Asset Management, Institutional
Broking and Investment Banking. It applied for and acquired a Commercial Banking License from RBI. IDFC Bank laid the foundation for a strong banking
framework and created necessary systems, risk management, infrastructure, IT architecture and processes for future growth. It created efficient cash
management system and treasury and for managing trading.
1997
IDFC incorporated in Chennai on the
recommendation of the Expert
Group on commercialization of
Infrastructure Projects
2008
•
Acquired AMC business of Standard
Chartered Bank. Setup an office in
Singapore
2011
IDFC Mutual Fund ranked 10th
2014
in the country by AUM
Secured license from RBI
2005
IDFC lists on both NSE & BSE. Raises
Rs. 1372 crore of equity capital
2009
IDFC is recognised as a top 5 Lead
Arranger for Project Finance Loans in
Asha by Dealogic
2007
• Does a QIP raising Rs. 2100 crore
• Acquired SSKI, a leading domestic
investment bank and institutional
equities firm
2010
IDFC Investment Bank ranked 2nd in the
equity league tables by Bloomberg. IDFC
ranked among the top 50 companies in
India's S&P ESG Index.
2012
•
•
IDFC completes 15 years.
Recognised as the best NBFC
for Infrastructure Financing.
2015
Launch of IDFC Bank
14
IDFC FIRST
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