IDFC First Bank Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

IDFC FIRST Bank reported a 21% increase in NII for Q2 FY25 despite facing significant provisions, totaling ₹1,732 crore, largely due to challenges in its microfinance and legacy toll accounts. Deposits grew by 32% year-on-year, while retail loans rose by 25% with solid asset quality. The Bank's capital adequacy remains strong with a CET-1 ratio of 14%. Management emphasized a focus on sustainable growth and improving profitability metrics moving forward.