IDFC FIRST Bank is one of the top private-sector banks in India.
It originated through the merger of the Banking arm of IDFC with Capital First – an non-banking financial institution (NBFC).
With a heightened focus on retail, the bank integrates cutting-edge technology from IDFC Bank with the retail experience and proven record of Capital First.
The merger has enhanced the bank’s position, resulting in a solid financed asset base of more than Rs. 1,71,500 crores, with a considerable 79 per cent in the retail segment.
IDFC FIRST Bank, headquartered in Mumbai, offers a variety of financial services, including branches, digital platforms, and mobile applications.
It holds the distinction of being the first banking institution to provide its customers with monthly interest credit on savings accounts.
How it came into being:
IDFC First Bank was initially established as IDFC Bank in 2015.
The company then rapidly expanded its operations, achieving key milestones such as remittance partnerships, acquisitions such as the purchase of a 100 per cent stake in Grama Vidiyal Micro Finance Ltd – was then among India’s top microfinance institutions in 2016, and the launch of innovative services such as Aadhaar Pay in 2017 – India’s first Aadhaar-linked cashless merchant solution.
The bank’s expansion continued, including agreements with firms such as Capital Float and Zeta. The final merger with Capital First in 2018 resulted in the creation of IDFC FIRST Bank, stressing the bank’s development into a well-diversified universal bank.
Post-merger, the bank’s retail lending operations flourished, serving over 70 lakh customer base and achieving a loan portfolio in the retail segment of ₹40,812 crore by 2019, i.e., within one year of its operations as IDFC FIRST Bank.
The bank boasts of a robust national presence with 800+ branches, 800+ Corporate Business Correspondent branches, and several hundred ATMs – spread all across India.
The bank’s continuous expansion and strategic initiatives have solidified its position as a dynamic force in India’s banking landscape.
IDFC Bank Share Price History
Year | Share Price | Gain / Loss |
---|---|---|
2015 | ₹ 61.00 | |
2016 | ₹ 60.00 | - 1.6% |
2017 | ₹ 54.20 | - 9.7% |
2018 | ₹ 43.40 | - 19.9% |
2019 | ₹ 45.10 | + 3.9% |
2020 | ₹ 37.10 | - 17.7% |
2021 | ₹ 48.30 | + 30.2% |
2022 | ₹ 58.90 | + 21.9% |
2023 | ₹ 88.80 | + 50.8% |
2024 | ₹ 64.18 | - 27.7% |
IDFC Bank Share Price Chart
Click here for high resolution IDFC Bank Share Price chartIDFC Bank Stock Calculator
Enter any amount in the 'Investment amount' field and select a year.
The IDFC Bank calculator will tell you the value of your IDFC Bank investment in 2024.
Invested Amount
Investment Year
- During 2015, the share price of IDFC Bank was ₹ 61.
- If you had bought shares worth ₹ 2500 in 2015, you would have 410 shares today.
- At the end of 2024, the current value of your shares would be ₹ 26303.
IDFC Bank Stock Returns Comparison
Invested Amount
Investment Year
Other Investment
Interest Rate