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

Active

This profile is actively maintained
Last update: 2025-04-28 15:23:05
About
Website http://www.idfc.com
Headquarters
Naman Chambers, C-32
400 051 Mumbai
India
CEO/chair V. Vaidyanathan
Managing Director
Supervisor
Reserve Bank of India
Ownership
listed on Bombay Stock Exchange & National Stock Exchange of India

IDFC's complete shareholder structure can be accessed here.

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.

Sustainability
Commitments
Policies
Voluntary standards

IDFC's (and its subsidiary IDFC First Bank's) most important sustainability commitments can be found at the website sections listed below.

Links

CSR activities

IDFC First Bank

Corporate governance policies

Corporate Social Responsibility Policy

Bank policy
2024-01-31 00:00:00 | IDFC

Anti-money laundering and know-your-customer policy

Bank policy
2017-07-27 00:00:00 | IDFC

Code of Conduct

Bank policy
2016-01-30 00:00:00 | IDFC

Anti-money laundering questionnaire

Bank policy
2015-08-10 00:00:00 | IDFC
IDFC has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

IDFC is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of IDFC's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents
Links

Annual report 2023

Annual report
2024-04-26 00:00:00 | IDFC

Corporate Social Responsibility Policy

Bank policy
2024-01-31 00:00:00 | IDFC

Annual report 2022

Annual report
2023-06-15 00:00:00 | IDFC

Annual report 2021

Annual report
2022-07-14 00:00:00 | IDFC

Annual report 2019-2020

Annual report
2021-07-26 00:00:00 | IDFC

Annual report 2018-2019

Annual report
2020-08-18 00:00:00 | IDFC

Annual report 2017-2018

Annual report
2018-07-31 00:00:00 | IDFC

Anti-money laundering and know-your-customer policy

Bank policy
2017-07-27 00:00:00 | IDFC

Annual Report 2015-2016

Growth & transition
Annual report
2016-07-18 00:00:00 | IDFC Limited

Code of Conduct

Bank policy
2016-01-30 00:00:00 | IDFC

Annual Report 2014-2015

Annual report
2016-01-01 00:00:00 | IDFC Limited

Anti-money laundering questionnaire

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

IDFC Sustainability Report 2012-2014

Annual report
2015-04-30 00:00:00 | IDFC

Annual Report 2013-2014

Annual report
2015-04-30 00:00:00 | IDFC

Annual Report 2012-2013

Annual report
2013-08-05 00:00:00 | IDFC

Complaint Regarding IFC’s investment in the India Infrastructure Fund

Other document
2013-02-01 00:00:00 | CAO Ombudsman

15th annual report 2011-2012

Growing Steadily
Annual report
2012-06-13 00:00:00 | IDFC
Accountability
Grievances

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

IDFC is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates IDFC's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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