25 Jul 2026
IDFC First Bank's June-quarter net profit more than doubled to 1,074 crore rupees, from 460 crore a year earlier.
Revenue rose 15 percent to 11,000 crore rupees. Loans and advances grew 20.6 percent to 3,05,488 crore and deposits 17.7 percent to 3,11,874 crore, lifting the CASA ratio to 50.8 percent. Gross NPAs eased to 1.51 percent from 1.61 percent and net NPAs to 0.44 percent from 0.48 percent. Provisions still rose to 1,140 crore rupees from 869 crore in the March quarter, so the profit jump came off a low base rather than off lower credit cost.
12 Jun 2026
IDFC First Bank features in two CBI charge sheets over a 661 crore rupee fund-siphoning case spanning Haryana government and Chandigarh Smart City accounts.
The agency named fifteen accused including six bank officials from IDFC First and AU Small Finance Bank, citing conspiracy, forgery and corruption charges.
Finvezto Membership

Get the research behind the notes

Stock notes are the free daily layer. The membership carries the full Flexi-Wealth system: an ETF core portfolio with monthly rebalancing signals, fifteen quality-momentum stocks with exact weightages every month, options income and hedging recommendations, and the institutional data toolkit. One flat membership covers everything.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.