IDFC First Bank is an Indian private sector bank based in Mumbai. Founded in 2015 as a banking subsidiary of IDFC Limited, it was created in its current form through the merger of Erstwhile Capital First on December 18, 2018, shifting its shifted focus from infrastructure financing to retail banking after its 2018 merger with Capital First. In 2024, IDFC First Bank took over the parent company IDFC Limited in a reverse merger. Till 2024 before reverse merger, Government had the controlling ownership of IDFC Ltd as per Government reports.Wikipedia