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Created before Nov 2016
Last update: 2022-07-12 00:00:00

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IDFC head offices in Mumbai, India. Photo: Sumedh Kadoo via Wikimedia Commons (CC BY-SA 3.0)

About IDFC

The Infrastructure Development Finance Company (IDFC) is an Indian financial services organisation, mainly providing infrastructure finance, but also asset management, investment banking and brokerage. IDFC was formed in 1997 in Chennai and went public in 2005. In 2014, the Reserve Bank of India granted an in-principle approval to IDFC Limited to set up a new bank in the private sector, IDFC Bank. All the lending business of IDFC Limited has been demerged and transferred to IDFC Bank. 

IDFC acts as a Financial Intermediary for IFC, managing the IFC-supported India Infrastructure Fund (IIF). The IIF is based in Mumbai and makes equity investments in energy and utilities, transport infrastructure, telecommunications, and other infrastructure solely in India.

Website http://www.idfc.com
Headquarters
Naman Chambers, C-32
400 051 Mumbai
India
CEO/chair Sunil Kakar
CEO
Supervisor
Reserve Bank of India
Annual report Annual report 2021
Ownership
listed on Bombay Stock Exchange & National Stock Exchange of India

IDFC's largest shareholder is the state of India (16.4%). IDFC's complete shareholder structure can be accessed here.

Complaints and grievances

IDFC does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

Related Dodgy Deals

IDFC has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

All
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Projects
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Companies
Targets
|
Active profiles
|
On record profiles

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
IDFC
2022-03-15
IND
2021
0
0
1.000000001E+27
0
India
Profile
Reporting period
2021
PF deals under EP
0
Project names reported
0
% Project names reported
20220315
Last update: 2022-03-15
Explanation

EP reporting data: https://equator-principles.com/reporting-idfc-first-bank-ltd-2018-2019/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Mapping Garment Industry Funding in India

2022-04-06 | Fair Finance Asia, Fair Finance India
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

IDFC becomes first Indian financial institution to join the Equator Principles association

2013-06-03 | Equator Principles
blog
external news
our news

IFC Ombudsman accepts complaint against GMR project in Odisha

2011-05-13 | Odisha, India | Bank Information Centre

Documents

Type:
Year:
annual reports
2022-07-14 00:00:00

Annual report 2021

2022-07-14 00:00:00 | IDFC
annual reports
2021-07-26 00:00:00

Annual report 2019-2020

2021-07-26 00:00:00 | IDFC
annual reports
2020-08-18 00:00:00

Annual report 2018-2019

2020-08-18 00:00:00 | IDFC
annual reports
2018-07-31 00:00:00

Annual report 2017-2018

2018-07-31 00:00:00 | IDFC
csr policies
2017-07-27 00:00:00

Anti-money laundering and know-your-customer policy

2017-07-27 00:00:00 | IDFC
annual reports
2016-07-18 00:00:00

Annual Report 2015-2016

Growth & transition
2016-07-18 00:00:00 | IDFC Limited
csr policies
2016-04-29 00:00:00

Corporate Social Responsibility Policy

2016-04-29 00:00:00 | IDFC
csr policies
2016-01-30 00:00:00

Code of Conduct

2016-01-30 00:00:00 | IDFC
annual reports
2016-01-01 00:00:00

Annual Report 2014-2015

2016-01-01 00:00:00 | IDFC Limited
csr policies
2015-08-10 00:00:00

Anti-money laundering questionnaire

2015-08-10 00:00:00 | IDFC
annual reports
2015-04-30 00:00:00

IDFC Sustainability Report 2012-2014

2015-04-30 00:00:00 | IDFC
annual reports
2015-04-30 00:00:00

Annual Report 2013-2014

2015-04-30 00:00:00 | IDFC
annual reports
2013-08-05 00:00:00

Annual Report 2012-2013

2013-08-05 00:00:00 | IDFC
other documents
2013-02-01 00:00:00

Complaint Regarding IFC’s investment in the India Infrastructure Fund

2013-02-01 00:00:00 | CAO Ombudsman
annual reports
2012-06-13 00:00:00

15th annual report 2011-2012

Growing Steadily
2012-06-13 00:00:00 | IDFC

Links

Fair Finance Guide India

Assesses how responsible Indian banks are with respect to the Environmental, Social and Governance (ESG) criteria.

https://fairfinanceindia.org/bank-guide/home/

Policies

Voluntary standards

IDFC has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Equator Principles
  • Global Reporting Initiative
  • Principles for Responsible Investment (PRI)
  • United Nations Global Compact

Investment policies

IDFC does not have a web page on corporate social responsibility.

Year:
csr policies
2017-07-27 00:00:00

Anti-money laundering and know-your-customer policy

2017-07-27 00:00:00 | IDFC
csr policies
2016-04-29 00:00:00

Corporate Social Responsibility Policy

2016-04-29 00:00:00 | IDFC
csr policies
2016-01-30 00:00:00

Code of Conduct

2016-01-30 00:00:00 | IDFC
csr policies
2015-08-10 00:00:00

Anti-money laundering questionnaire

2015-08-10 00:00:00 | IDFC

Equator Principles

Implementation and reporting

IDFC is reporting on the implementation here.

Contact and complaints

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Year:
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