IDFC FIRST Bank posts Q2 FY27 loan growth, income ₹4,950cr
Business
IDFC FIRST Bank just clocked a boost in loan growth for Q2 FY27. This was thanks to higher income and fewer bad loans.
Its total income rose to ₹4,950 crore from ₹4,163 crore year over year.
Loans 20.4% deposits 17% CASA up
The bank's asset quality is looking better too: loans grew by 20.4% and deposits by 17%, with the loan book at ₹3,13,864 crore and deposits at ₹3,23,697 crore as of September.
The CASA ratio also edged up.