Mumbai, December 9 (Udaipur Kiran): Shares of IDFC First Bank Ltd were trading higher on the BSE on Tuesday after the bank announced the launch of its new premium secured credit card. The stock was trading at Rs 80.76, up by 1.62 points or 2.05 per cent from its previous close of Rs 79.14.
The scrip opened at Rs 78.99 and touched an intraday high of Rs 81.14 and a low of Rs 78.30. A total of 22,45,287 shares were traded on the counter during the session.
The BSE Group ‘A’ stock, with a face value of Rs 10, had touched a 52-week high of Rs 82.65 on November 3, 2025, and a 52-week low of Rs 52.50 on April 7, 2025. Over the last one week, the stock moved between a high of Rs 82.36 and a low of Rs 78.30. The company’s current market capitalisation stands at Rs 69,433.52 crore.
Institutional investors hold 58.08 per cent stake in the bank, while non-institutional investors hold 41.91 per cent.
IDFC First Bank has launched the FIRST WOW! Black Credit Card, an upgraded and more feature-rich version of the existing FIRST WOW! Credit Card, backed by a fixed deposit. The card is positioned as a premium FD-backed secured card at an accessible price point.
Key features of the card include zero foreign exchange markup on international spends, a dual card offering with Mastercard and RuPay UPI, and rewards on UPI transactions. Cardholders will receive a physical Mastercard and a UPI-enabled RuPay virtual credit card, both linked to the same account with a unified credit limit and a single consolidated statement.
The bank said that while premium card experiences have often remained inaccessible to new-to-credit customers or those preferring affordability, the FIRST WOW! Black aims to change that by offering zero forex markup, domestic lounge access, stronger travel rewards, trip protection and multiple lifestyle benefits at a more accessible price level.
IDFC First Bank operates across treasury, corporate and wholesale banking, retail banking, and other banking businesses.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
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