IDFC FIRST Bank

BankingMumbai, Maharashtra, India
Est. 2015Public Company46,645 Employees
Employees
~46,645
Founded
2015

About IDFC FIRST Bank

Never disclose your password, OTP, UPI PIN, CVV, or other sensitive details to anyone. Established in December 2018 following the combination of major infrastructure lender IDFC Bank and retail finance expert Capital Finance, we started our commercial banking operations in 2016. Our foundational values: Mission: To create a premier bank in India, guided by ethical practices, customer-centricity, digital innovation, and social responsibility. Full-Service Bank: Delivering a wide array of products, including Retail, MSME, Rural, Startups, Cash & Wealth Management, Deposits, Corporate & Government Banking, Working Capital, Trade Finance, and Treasury Services. Ethical Approach: We apply a 'Near and Dear' standard, ensuring that our products are so customer-focused that staff would feel comfortable recommending them to family and friends. We make legal terms straightforward and provide 'ZERO FEE BANKING' on all savings account services, such as SMS notifications, IMPS, RTGS, NEFT, ATM withdrawals, and more, making us India’s first and only bank to do so. Customer-Centric Banking: IDFC FIRST Bank provides monthly interest on savings accounts, offers lifetime-free credit cards with rewards that never expire, and maintains clear, transparent fees. Technology-Driven Banking: Smooth service delivery through mobile platforms, branches, internet banking, call centers, and relationship managers. Our mobile app, which features over 250 functions, has a rating of 4.8 on Google Play and the App Store. The global research firm Forrester has recognized it as India’s top app and among the world’s leading 20 for two straight years. Community-Focused Banking: With a commitment to financial inclusion, we cater to over 40 million customers, offering 16 million loans for lifestyle improvements, 15 million loans to 4.3 million women entrepreneurs, 6.5 million vehicle loans, 1 million each for sanitation and livelihood support, 300,000 SME loans, and 100,000 home loans. Sustainability Goals: Our strong ESG ratings reflect our dedication to financial inclusion and community responsibility. For our team, building a contemporary, ethical, and top-tier institution for India is a genuine privilege.

Key Facts
Approximately 46,645 employees globally
Headquartered in Mumbai, Maharashtra, India
Operates in Banking
Founded in 2015

Executive Leadership Team

Boojapathy Chidhambaram
Boojapathy Chidhambaram
Chief Technology Officer
Since 2024
CS
Chetan Sanghvi
Chief Risk Officer
Since 2022
Neerav Maniar
Neerav Maniar
Chief Compliance Officer
Since 2023
Rakhi .
Rakhi .
Chief Quality Officer
Since 2019
SC
Since 2021
SC
Sanjeeb Chaudhuri
Independent Director
Since 2019

Organizational Chart — Preview

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IDFC FIRST Bank Executive Leadership Team

Boojapathy Chidhambaram
Boojapathy Chidhambaram
Chief Technology Officer
Since 2024
CS
Chetan Sanghvi
Chief Risk Officer
Since 2022
Neerav Maniar
Neerav Maniar
Chief Compliance Officer
Since 2023
Rakhi .
Rakhi .
Chief Quality Officer
Since 2019
SC
Since 2021
SC
Sanjeeb Chaudhuri
Independent Director
Since 2019

Business Focus Areas

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Business Focus Areas
Project financingInvestment BankingCommercial & Wholesale BankingConsumer FinancingRetail bankingBanking Services
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IDFC FIRST Bank Org Chart & Organizational Structure

IDFC FIRST Bank, an Indian banking institution, is led by Chairman Sanjeeb Chaudhuri, with Managing Director and CEO Vaidyanathan V at the helm. The organizational structure under the CEO encompasses several key functions reporting directly to him, including Others, Compliance, Finance, Information Technology, Risk Management, and Quality Control. Within these functions, the leadership team includes: - **Others:** Sanjeeb Chaudhuri, who also serves as Independent Director. - **Compliance:** Neerav Maniar as Chief Compliance Officer. - **Finance:** Sudhanshu Jain as Group Chief Financial Officer. - **Information Technology:** Boojapathy Chidhambaram as Chief Technology Officer. - **Risk Management:** Chetan Sanghvi as Chief Risk Officer. - **Quality Control:** Rakhi . as Chief Quality Officer. Additionally, Sanjeeb Chaudhuri holds the positions of Chairman and Independent Director, with the latter role also reporting under the Others function. The bank is headquartered in India and operates with a focus on digital transformation and financial services.