IDFC First Bank Ltd 2019 AR2
The report highlights the landmark merger between IDFC Bank and Capital First on December 18, 2018, which created IDFC FIRST Bank with a renewed focus on retail banking. The newly formed bank expanded its national footprint to 242 branches and served over 7.3 million live customers. Financially, the bank reported a net interest income of INR 3,199 crore and a capital adequacy ratio of 15.47% for the fiscal year ended March 31, 2019. Additionally, the bank actively engaged in corporate social responsibility initiatives, investing INR 20.82 crore in education, livelihoods, women empowerment, and health programs.
Company: IDFC First Bank Ltd
Sector: Finance & insurance
Country: India
Year: 2019
Type: AR2
Pages: 292
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IDFC First Bank Ltd
Annual Report
The report highlights the landmark merger between IDFC Bank and Capital First on December 18, 2018, which created IDFC FIRST Bank with a renewed focus on retail banking. The newly formed bank expanded its national footprint to 242 branches and served over 7.3 million live customers. Financially, the bank reported a net interest income of INR 3,199 crore and a capital adequacy ratio of 15.47% for the fiscal year ended March 31, 2019. Additionally, the bank actively engaged in corporate social responsibility initiatives, investing INR 20.82 crore in education, livelihoods, women empowerment, and health programs.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees