M&A Deal Summary |
|
|---|---|
| Date | 2024-09-27 |
| Target | IDFC |
| Sector | Financial Services |
| Buyer(s) | IDFC First Bank |
| Deal Type | Merger |
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| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Financial Services |
| Employees | 27,804 |
| Revenue | 264.0B INR (2025) |
IDFC First Bank offers monthly interest credit on savings accounts, and also offer low APR rates on credit cards, first bank to abolish fees for 25 commonly-used services in savings accounts, revolutionized credit cards by issuing lifetime free credit cards with no minimum spend conditions and 10X rewards, simplified commonly used descriptions in Banking. IDFC First Bank was founded in 2014 and is based in Mumbai, Maharashtra.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Merger M&A Deals | 2 of 2 |
| Country: India M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-18 |
Capital First
Mumbai, India Capital First is a diversified specialty finance company that provides loans to retail customers (including secured loans to small and medium enterprises, consumer durables loans, two-wheelers loans and gold loans) and corporates including loans to real estate developers and loans to business owners secured against shares of publicly traded companies. Capital First is based in Mumbai, India. |
Buy | - |
