IDFC FIRST Bank Profit Nearly Triples To ₹1,044 Crore | CEO Reveals Margin Recovery Plan | ET Now
ET Now · 26 Oct 2026 · 10 min
Management interview of IDFC First Bank Ltd (IDFCFIRSTB), with 7 key numbers discussed.
- V. Vaidyanathan, MD and CEO, IDFC FIRST Bank
IDFC FIRST Bank experienced excess liquidity due to an inflow of around Rs 340-350bn in FCNR(B) deposits, which management expects to deploy over upcoming quarters to normalise margins. The bank plans steady 20% YoY advance growth driven by digital lending capabilities and retail expansion. Management highlighted operating leverage improvements, noting an incremental cost-to-income ratio of 55%. The bank is on track to achieve a 1% ROA for the full year, supported by an incremental ROA running around 1.85%.