IDFC in IDFC bank stands for Industrial Development Finance Company is an Indian bank that is headquartered in Mumbai. The bank was recently founded in 2015. The bank provides services to its corporate and private customers in India. The parent company of the bank is IDFC which was founded in 1997 and specializes in infrastructure sector services. The bank has 23 branches across various states of India. IDFC bank provides NEFT and RTGS services that include transferring money electronically. The bank is thus allotted with IFSC codes by RBI.
