IDFC First Bank Limited — Investor Meet, 23-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

IDFC First Bank reported healthy Q2 FY26 growth, with customer deposits up 23.4% YoY to INR 269,000 Cr and loans growing 19.7% YoY to INR 267,000 Cr. Asset quality saw improvement, as Gross NPA decreased to 1.86% and Net NPA to 0.52%. Management indicated microfinance stress is "behind us." Q2 Profit After Tax was INR 352 Cr (up 76% YoY). Net Interest Margin (NIM) bottomed out at 5.59% and is projected to rise above 5.8% by Q4 FY26. The bank remains optimistic, prioritizing structural improvements and digital capabilities, expecting sequential profitability gains. There are no immediate savings account rate reductions, given the 94% credit-deposit ratio.