IDFC First Bank Business Update
IDFC FIRST Bank reported provisional Q2-FY27 business updates, with gross advances reaching Rs. 3,38,749 crore. Total deposits grew 25.9% YoY to Rs. 3,48,582 crore.
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IDFC FIRST Bank reported provisional Q2-FY27 business updates, with gross advances reaching Rs. 3,38,749 crore. Total deposits grew 25.9% YoY to Rs. 3,48,582 crore.
IDFC FIRST Bank mobilized approximately Rs. 33,975 Crore from NRI customers via the RBI FCNR(B) swap window. This represents 11% of the bank's June 2026 deposit base.
IDFC FIRST Bank received a ₹514.82 Crore microfinance claim payout from NCGTC. This write-back of past provisions will positively impact the bank's bottom line.
IDFC FIRST Bank reported 20.0% YoY growth in Loans & Advances to ₹2,90,362 Crore for FY26. Customer deposits grew 17.2% YoY to ₹2,84,327 Crore despite liquidity headwinds. The bank maintained a stable CASA ratio of 49.8% and reported that MFI asset quality has returned to normalcy.