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2026-07-06 10:53:22 am | Source: Motilal Oswal Financial Services Ltd
Company Update : IDFC First Bank by Motilal Oswal Financial Services Ltd
Company Update : IDFC First Bank by Motilal Oswal Financial Services Ltd

Healthy business growth; CD ratio declines ~90bp QoQ

* IDFCFB reported 20.6% YoY (+5.2% QoQ) growth in loans and advances to INR3.05t in 1QFY27. Loan growth beat our estimate of net advances growth of 19.6% YoY/3.9% QoQ.

* Total deposits grew 17.7% YoY/5.9% QoQ to INR3.11t. Deposit growth was healthy and in line with our estimate of 16.7% YoY/5.0% QoQ.

* CASA ratio improved to 50.8% in 1QFY27 from 49.8% in 4QFY26.

* Healthy deposit growth resulted in improvement in CD ratio to 95.5% from 96.4% in 4QFY26.

 

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