About Us
The birth of IDFC FIRST Bank
IDFC FIRST Bank was formed by the merger of erstwhile Capital First and erstwhile IDFC Bank on December 18, 2018.
Erstwhile Capital First
Capital First was founded by Mr Vaidyanathan, a veteran banker and entrepreneur, in 2012, by concluding India’s largest Management Buyout of a listed loss-making NBFC and infusing fresh equity into it with the stated intent of converting it to a commercial bank that would finance small businesses.
Mr V. Vaidyanathan built ICICI Bank’s Retail Banking business from 2000 to 2009 and was also the MD & CEO of ICICI Prudential Life Insurance Company in 2009-10.
