Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs (Micro, Small and Medium Enterprises) and Indian consumers. Capital First was founded in 2012 by V. Vaidyanathan. The company was listed on NSE and BSE. The market cap of the company grew from ₹ 7.81 billion (31 March 2012) to ₹60.96 billion (31 March 2018) In December 2018 NBFC Capital First and private sector lender IDFC Bank has announced the completion of their merger, creating a combined loan asset book of ₹1.03 lakh crore for the merged entity. The merged entity to be called IDFC First Bank, subject to shareholders’ approval. More information...
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