Capital First Limited

Effective 18th December 2018, Capital First & IDFC Bank have merged. The merged entity is now IDFC FIRST Bank. The vision of Capital First is to serve and finance India’s 50 million Indian Enterprises and large emerging middle class, with a differentiated model, based on new technologies. Unlike traditional models of financing, Capital First has successfully created new models of financing customers in the hitherto unbanked and under-served segments. The company was founded in 2012 by Mr. V Vaidyanathan by a classical Management Buyout of an existing company, by securing equity support from Private Equity, which included change of shareholders through open offer to public, change of board, recapitalisation, change of business model and creation of a new brand and entity Capital First. Within eight years of starting up, the company has disbursed loans worth over Rs. crores to over 7 million customers with loan outstanding of Rs. 298.56 Bn (USD 4.59) as on June 30, 2018. Capital First has consistently maintained high asset quality over the years- the Gross and Net NPA of the Company are 1.57% and 1.00% respectively as of June 30, 2018 on 90 DPD NPA recognition basis. If you wish to join us and be a part of a growing organization too, do visit us at