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  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.

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Environmental, Social and Governance

Environment LP

Environment

IDFC FIRST Bank is cognizant of the role it can play as an environmentally-responsible organization. Towards this end, the Bank measures its energy, resources, waste and water consumption and is taking dedicated efforts to minimize its impact on the environment. The Bank is also exploring opportunities to influence responsible consumer behavior, by ingraining ESG principles into its lending portfolio.

People are experiencing climate change in diverse ways. With heatwaves, droughts, flooding, winter storms, hurricanes, and wildfires becoming more frequent and severe, climate change must be tackled urgently. As a financial institution, we understand how this impacts portfolio credit risk, and IDFC FIRST Bank is committed to take action on this front through various initiatives. The Bank is working towards embedding environment-friendly operating practices across the organization and institutionalizing care for the environment in everything it does.

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Social LP

Social

IDFC FIRST Bank continues to work towards supporting initiatives and addressing the needs of its stakeholders, including customers, investors, employees, partners, and communities. The Bank believes that the ‘Social’ tenet is key to its sustained growth and is introducing several industry-first initiatives in this regard, especially for its customers. It is also committed to being a preferred employer and prioritises employee wellbeing and growth. Similarly, the Bank maintains strong relationships with its suppliers and partners. Throughout its history, the Bank has run an impactful CSR program that reflects its commitment to giving back to the community.

With ‘Social Good’ being a fundamental part of its vision statement, IDFC FIRST Bank is proactively becoming a more socially responsible institution.

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Goverance LP

Governance

IDFC FIRST Bank is steadfast in its commitment to responsible business conduct and to remain fully compliant with regulatory norms. The Bank firmly believes that proactive and best-in-class governance, transparency, and accountability is the key to creating long-term value for the Bank and its stakeholders, and is continually striving to raise the bar in this regard.

Governance is a key element of the Bank’s business model. As such, the Bank adheres to high standards of governance in terms of accounting and business practices, disclosure levels, prudent risk management, internal financial control, and regulatory compliance, among other aspects, under the guidance of its esteemed Board of Directors.

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