IDFC First Bank has reported a significant year-on-year growth of 20% in its loans and advances, reaching ₹2,90,362 crores as of March 31, 2026. This marks an increase from ₹2,41,926 crores recorded on March 31, 2025. The quarter-on-quarter growth in loans and advances was noted at 3.9%.
Customer deposits also saw a healthy rise of 17.2% year-on-year, growing from ₹2,42,543 crores as of March 31, 2025, to ₹2,84,327 crores by the end of March 2026. The quarter-on-quarter growth in customer deposits was relatively modest at 0.6%, with average customer deposits increasing by 3.0% sequentially. The bank maintained stability in new account openings during March 2026, suggesting a steady growth trajectory. IDFC First Bank anticipates further strengthening of deposit growth from the first quarter of FY27.
Despite facing several challenges, including year-end advance tax outflows, a tight liquidity environment, and geopolitical tensions in West Asia, IDFC First Bank managed to increase its customer deposits. The bank also reduced interest rates on savings accounts by 50 to 200 basis points in key segments during Q4-FY26. The bank expressed gratitude to its customers for their continued trust and confidence.
The bank’s CASA (Current Account Savings Account) ratio improved to 49.8% as of March 31, 2026, compared to 46.9% a year earlier and 51.6% as of December 31, 2025. The average CASA ratio remained stable at 50.4% for Q4-FY26, compared to 50.0% in the previous quarter.
IDFC First Bank’s average Liquidity Coverage Ratio (LCR) for Q4-FY26 was stable at 114%, indicating a strong liquidity position. Additionally, the asset quality of the Microfinance Institution (MFI) book returned to normalcy, and the asset quality in the rest of the book remained stable.
The figures provided are provisional and subject to audit by the statutory auditors of the bank. Loans and advances include credit investments in corporate bonds, PTC, and SR.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).