IDFC First Bank Limited — Important, 03-04-2025: General Updates

IDFC FIRST Bank has announced a board meeting to discuss the financial results for the quarter and half-year ended March 31, 2025. The bank reported total business growth of 22.7% year-on-year, reaching ₹4,84,394 Cr. Loans and advances increased by 20.3% to ₹2,41,848 Cr, with a quarter-on-quarter growth of 4.7%. Customer deposits grew 25.2% to ₹2,42,546 Cr, while CASA deposits rose 24.8% to ₹1,18,260 Cr. The CASA ratio remains stable at 46.9%, and the credit-deposit ratio decreased to 93.8%. This robust growth may bolster investor sentiment, indicating a positive outlook for future performance.