Idfc First Bank Ltd. · NSE:IDFCFIRSTB
Idfc First Bank — Q1 FY27 Earnings Presentation
75 slides from Idfc First Bank's earnings presentation, Jul 25, 2026
Slide 1: Investor Presentation – Q1 FY27
Investor Presentation – Q1 FY27 July 25, 2026
Slide 2: Bank at Glance, Q1 FY27 results
Bank at Glance Bank at Glance, Q1 FY27 results Jun-26 PAT crosses US$ 105 Mn. for the first time Loans & Advances Total Deposits CASA Deposits CASA ratio US$ 31,447 Mn. US$ 32,931 Mn. US$ 16,734 Mn. 50.8% (20% YoY | 5% QoQ) (18% YoY | 6% QoQ) (25% YoY | 8% QoQ) (283 bps YoY | 102 bps QoQ) Net Intere
Slide 3: Table of Contents
Background 1 Background 4 Liabilities TABLE 2 Liabilities 8 OF Assets CONTENTS 3 Asset Quality Assets 19 4 Profitability Capital Asset Quality 30 5 Profitability & Capital 42 For the purpose of this presentation, we have considered US$ 1 = Rs. 94.71
Slide 4: Our Vision
Our Vision To Build A World Class Bank in India with Principles of Ethical, Digital & Social Good Banking 3
Slide 5: Background
1. Background
Slide 6: How IDFC FIRST Bank Was Created
Section 1: Background How IDFC FIRST Bank Was Created Jun-26 • IDFC Limited was created in • Capital First was an NBFC IDFC FIRST Bank was created 1997 for financing infrastructure. created in 2012, focussed on through the merger of IDFC MSME and retail loans through Bank and Capital First, on 11th
Slide 7: Progress since merger
Section 1: Background Progress since merger Jun-26 Parameters CAPITAL FIRST IDFC Bank Upon merger Now Change Since (US$ Million) (30-Sep-18) (30-Sep-18) (31-Dec-2018) (30-Jun-2026) Merger Loan Book 2,850 5,809 8,954 31,447 18% CAGR Customer Deposit 0 (NBFC) 3,840 4,060 31,613 31% CAGR BALANCE SHEET
Slide 8: Full suite of universal banking products scaled up
Section 1: Background The Bank has built a full Suite of Universal Banking Products and scaled them up Jun-26 31-Dec-18 30-Jun-26 WHOLESALE Corporate De-grew 5% from US$ 7,152 Mn. to US$ 6,784 Mn. BANKING PRODUCTS Corporate Retail Retail Lending Lending Grew 6.7x from US$ 2,838 Mn. to US$ 18,920 Mn.
Slide 9: Liabilities
2. LIABILITIES
Slide 10: A Growing Deposit Market Provides Long Runway for Franchise Growth
Section 2: Liabilities A Growing Deposit Market Provides Long Runway for Franchise Growth Jun-26 Total Deposits (In US$ Bn.) Savings Deposits (In US$ Bn.) 2,675 2,403 2,176 766 1,797 1,916 631 630 665 696 1,630 1,452 556 1,066 1,173 1,212 1,326 397 434 477 343 269 Mar-21 Mar-21 Mar-16 Mar-17 Mar-18
Slide 11: Customer Service is of prime importance, all gates open for service
Section 2: Liabilities Customer Service is of prime importance, all gates open for service Jun-26 Bank Branch Loan Centre Contact Centre Bank has 1,155 branches as on June 30, 2026. WhatsApp App Best-in-class Prime spot for CUSTOMER SERVICE customer service inside the Bank's app Website Email 39 mil
Slide 12: #1 Mobile Banking App in India
Section 2: Liabilities # 1 Mobile Banking App in India, rated 4.9 on Android and 4.8 on IOS Jun-26 Indian bank features in Global Top-5 Mobile Banking Apps Indian bank features in Global Top-5 Mobile Banking Apps 31.4 Mn+ 2.95 Mn+ App Registrations Reviews The Forrester Digital Experience Review: I
Slide 13: Cost of funds reduced since merger; customer deposits grew 7.8x
Section 2: Liabilities Since merger, the CoF reduced by 184 bps, yet the customer deposits grew 7.8x Jun-26 • Total Customer Deposits = Retail Customer Deposits + Wholesale Customer Deposits (Excludes Certificate of Deposits) • Total Customer Deposits were up 16.6% YoY and 5.3% QoQ • Total Deposits
Slide 14: CASA Deposits growth strong at 24.6% YoY
Section 2: Liabilities CASA Deposits growth strong at 24.6% YoY; crosses US$ 15,800 Mn. Jun-26 In US$ Mn. CASA Ratio CASA Deposits 50.8% Jun-26 vs Jun-25 US$ 3,308 Mn. 24.6% 16,734 15,484 Jun-26 vs Mar-26 US$ 1,250 Mn. 8.1% 12,484 10,006 7,600 5,403 CASA Ratio 4,846 8.7% 2,182 603 557 833 Mar-18 Dec
Slide 15: Diversified liabilities base with 80% Customer Deposits in Retail
Section 2: Liabilities Bank has diversified its liabilities base with 80% Customer Deposits in Retail Jun-26 Retail deposits have increased from 27% of deposits at merger (Dec-18) to 80% currently which has strengthened the deposits side. Customer Deposits (US$ Mn.) Dec 18 Mar-19 Mar-20 Mar-21 Mar-2
Slide 16: Transformation of liabilities towards retail deposits
Section 2: Liabilities Transformation of liabilities towards retail deposits Jun-26 Composition of Total Deposits & Borrowings* Legacy Borrowings Wholesale 49% Deposits 18% Certificate of Deposits 4% Fresh Borrowings Retail Deposits Retail Deposits 9% 9% 69% Certificate of Deposits 19% Wholesale Dep
Slide 17: Credit Deposit Ratio reduced
Section 2: Liabilities Credit Deposit Ratio reduced Jun-26 CD Ratio CD Ratio Including Credit Substitutes Jun-26 169.0% Gross Advances 159.0% 86% 156.6% Total Deposits & Total Borrowings# 132.1% 137.0% 134.8% 122.2% 124.9% 111.0% 117.0% 114.5% 100.2% 96.0% 98.6% 97.9% 107.0% 98.4% 96.4% 95.5% 93.9%
Slide 18: Deposits & Borrowings Details
Section 2: Liabilities Deposits & Borrowings Details Jun-26 Dec-18 Particulars (In US$ Mn.) Jun-25 Mar-26 Jun-26 YoY Growth (Merger) Legacy Long Term & Infrastructure Bonds 2,832 175 - - - Refinance & Other Borrowings 3,256 2,435 3,336 3,059 25.6% Tier II Bonds - 475 475 475 - Total Borrowings 6,087
Slide 19: Cards in Force for the Bank crosses 4.8M
Section 2: Liabilities Cards in Force for the Bank crosses 4.8M Jun-26 Industry’s Total Cards In Force (In million) 119 121 ~5.3x since Mar-16 109 110 100 73 61 55 45 35 29 23 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Interest-bearing book Spends Insights ID
Slide 20: Assets
3. ASSETS
Slide 21: Banking industry credit growth 3X in 10 years
Section 3: Assets Credit growth of the Banking Industry has grown by 3X in 10 year to reach US$ 2.3 Trn. Jun-26 Total Non-Food Credit (US$ Bn.) Agriculture & Allied (US$ Bn.) 2,255 2,272 279 279 1,926 241 1,735 219 1,444 182 158 1,156 1,256 140 1,032 1,095 109 118 127 828 911 93 105 765 Mar-20 Mar-2
Slide 22: Bank serves customers across all segments of income pyramid
Section 3: Assets Bank serves customers across all segments of income pyramid in an inclusive way Jun-26 Book Composition of Corporate IDFC FIRST Bank in these segments New LAP Car Home Loan BBG Traditional Banks are primarily focus on Gold Loan 77% Tractor Loan this segment Education Loan Corporate
Slide 23: Specialization in RAM book; grown consistently for 15 years
Section 3: Assets Bank has developed specialization in RAM book; grown consistently for 15 years Jun-26 RAM = Retail, Agri and MSME book Retail, Agri and MSME (RAM) Book (US$ Mn.) 25,459 • The Bank has developed specialization in Cash Flow Evaluation & Digital Capabilities for these businesses 24,53
Slide 24: Wholesale Loan Book growing steadily
Section 3: Assets Wholesale Loan Book growing steadily Jun-26 Wholesale Loan Book (US$ Mn.) Reduction Phase: Upon merger, Bank reduced the legacy infrastructure Growth Phase: Bank started regrowing the corporate loans with strong underwriting practices. projects and large ticket corporate loans to d
Slide 25: Wholesale Business – Corporate Book
Section 3: Assets Wholesale Business – Corporate Book Jun-26 The Bank unwound US$ 2,192 Mn. of legacy project finance (infrastructure) book The Bank focuses on financing cash-generating businesses while avoiding project financing risks. Backed by strong governance and disciplined underwriting, it ha
Slide 26: Bank has reduced concentration risk in corporate banking
Section 3: Assets Bank has reduced concentration risk in corporate banking Jun-26 The exposure to top 20 single borrowers reduced from 16% in Mar-19 Further, the exposure to top 5 industries also reduced from 41% Mar-19 to 5% in Jun-26 to 20% in Jun-26 which has further strengthened the balance shee
Slide 27: Total Loans crossed US$ 32 Bn.
Section 3: Assets Total Loans crossed US$ 32 Bn. Jun-26 Total Loan Assets In US$ Mn. Jun-26 vs Jun-25 US$ 5,505 Mn. 20.6% Jun-26 vs Mar-26 US$ 1,593 Mn. 5.2% Loan growth started after building strong deposit franchise 32,243 30,649 25,544 Period of Stabilization to address high credit 21,219 deposit
Slide 28: Diversified Loan Book
Section 3: Assets Diversified Loan Book Jun-26 The Bank has transformed the loan book from largely wholesale credit book to a well diversified book of Retail, Agri, MSME and Corporate Banking. The portfolio is well diversified across mortgage-backed loans (27%), vehicle finance (11%), rural (6%), MS
Slide 29: Loan book diversified across more than 25 business lines
Section 3: Assets The Bank has diversified its loan book across more than 25 business lines Jun-26 Loan Book: June 30, 2026 Other Corporates US$ 32,243 Mn. incl SE/SR 1% Infrastructure Financial Institutions 10% Financing 1% Home Loan 9% Loan Against Property 12% Corporate Loans 9% Other Commercial
Slide 30: YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale
Section 3: Assets YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale Loans Jun-26 Gross Loans & Advances (In US$ Mn.) Dec-18 Jun-25 Mar-26 Jun-26 QoQ (%) YoY (%) Retail Finance 2,838 15,574 18,104 18,920 4.5% 21.5% Mortgage Loans 1,316 6,103 6,490 6,597 1.6% 8.1% Vehicle Loans 5
Slide 31: Asset Quality
4. ASSET QUALITY
Slide 32: Fundamental underwriting principle of the Bank explained
Section 4: Asset Quality The fundamental underwriting principle of the Bank explained Jun-26 Cashflow • Cashflow analysis is the core part of our underwriting process. Bank assess customer cashflows, estimate repayment capacity and Analysis determine loan eligibility accordingly. • We leverage India
Slide 33: Collection efficiency stable at 99.5%
Section 4: Asset Quality The Bank collection efficiency stable at 99.5% Jun-26 Collections % do not include any arrear or prepayment collections and hence represents true collections efficiency. Stable 99.4% 99.4% 99.5% 99.5% 99.5% 99.5% 99.5% 99.6% 99.4% 99.4% 99.3% 99.4% 99.4% 99.4% 99.5% 99.6% 99
Slide 34: SMA-1 & SMA-2 for RAM loan book @ lowest ever
Section 4: Asset Quality SMA-1 & SMA-2 for RAM loan book @ lowest ever Jun-26 RAM = Retail, Agri and MSME book SMA 1 = 31-60 dpd SMA 1 & 2 represents portfolio under 31-90 dpd bucket, which is pre-NPA stage. Pre -NPA SMA 2 = 61-90 dpd NPA >90 dpd 2.19% 2.23% SMA-1 & SMA-2 portfolio as % of RAM Loan
Slide 35: Product-wise SMA trend analysis (5 quarters)
Section 4: Asset Quality Product-wise SMA trend analysis (5 quarters) Jun-26 RAM = Retail, Agri and MSME book Product-wise SMA-1 & SMA-2 portfolio IMPROVED Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 SMA-1 & 2 for overall RAM portfolio reduced from 0.78% in Mar-26 to 0.77% in Jun-26 2.64% STABLE ↓ 8 bps 1.76
Slide 36: Product-wise GNPA trend analysis (5 quarters)
Section 4: Asset Quality Product-wise GNPA trend analysis (5 quarters) Jun-26 RAM = Retail, Agri and MSME book Product-wise Gross NPA portfolio IMPROVED Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 9.73% Gross NPA for RAM portfolio improved from 1.47% as on Mar-26 to 1.40% as on Jun-26 7.76% ↓ 111 bps STABLE
Slide 37: Product-wise NNPA trend analysis (5 quarters)
Section 4: Asset Quality Product-wise NNPA trend analysis (5 quarters) Jun-26 RAM = Retail, Agri and MSME book Product-wise Net NPA portfolio IMPROVED Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 2.13% Net NPA for RAM book improved from 0.56% as on Mar-26 to 0.52% as on Jun-26 1.49% 1.14% ↓ 33 bps STABLE 0.88
Slide 38: Overall Bank level NPA at its lowest point in its history
Section 4: Asset Quality Overall Bank level NPA at its lowest point in its history Jun-26 Assets sold to ARC of US$ 254 Mn. in Jul- COVID Pandemic Stable Asset Quality 6.16% Aug’18 Assets sold to ARC of US$ 428 Merger of IDFC Mn. in Bank & Capital Mar’17 First in Dec’18 4.15% GNPA% NNPA% 3.70% Forma
Slide 39: RAM asset quality stable over 15 years through cycles
Section 4: Asset Quality RAM asset quality has been stable over 15 years through cycles Jun-26 RAM = Retail, Agri and MSME book • Corridor of technology-led and cash-flow based underwriting approach, the Bank has maintained strong asset quality for over 15 years, with Gross NPA and Net NPA of approx
Slide 40: Wholesale Business Gross NPA at lowest level since inception
Section 4: Asset Quality Wholesale Business Gross NPA at lowest level since inception Jun-26 Wholesale Banking 7.16% 6.31% Gross NPA% Net NPA% 4.49% 4.60% 3.63% 2.80% 2.73% 2.65% 2.26% 2.43% 2.31% 2.23% 2.01% 1.76% 1.46% 1.44% 0.05% 0.04% 0.03% 0.08% 0.10% 0.09% Dec-19 (Pre Covid) Mar-21 Mar-22 Mar-
Slide 41: NPA Movement
Section 4: Asset Quality NPA Movement Jun-26 Description (US$ Mn.) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Opening NPAs 468 514 511 487 481 ADD: Gross additions 262 239 221 188 183 LESS: Recoveries and Upgrades -51 -55 -55 -66 -66 Net Addition to NPA 211 184 166 122 118 LESS: Write-offs -165 -186 -1
Slide 42: Average Credit Cost maintained ~2%
Section 4: Asset Quality Average Credit Cost maintained ~2% including period of COVID and MFI Mar-26 ~2.0% on Avg Funded Assets through 6 years [~1.4% on Total Assets] On Average Total Assets, COVID affected period MFI affected period Credit Cost is 1.13% in Q1 FY27 2.64% 2.69% 2.42% 2.46% 2.13% 2.2
Slide 43: Profitability & Capital
5. PROFITABILITY & CAPITAL
Slide 44: Balance Sheet
Section 5: Profitability & Capital Balance Sheet Jun-26 In US$ Mn. Jun-25 Mar-26 Jun-26 YoY Shareholders' Funds 4,088 5,000 5,137 25.7% Deposits 27,977 31,092 32,931 17.7% - CASA Deposits 13,426 15,484 16,734 24.6% - Term Deposits 14,551 15,608 16,197 11.3% Borrowings 4,520 3,867 4,370 -3.3% Other l
Slide 45: Quarterly Income Statement
Section 5: Profitability & Capital Quarterly Income Statement Jun-26 Growth (%) Growth (%) In US$ Mn. Q1 FY26 Q4 FY26 Q1 FY27 QoQ YoY Interest Income 1,018 1,114 1,167 4.7% 14.6% Interest Expense 497 515 536 4.2% 7.8% Net Interest Income 521 599 631 5.2% 21.1% Fee & Other Income 183 218 225 3.1% 22.
Slide 46: NIM strong at 5.96%
Section 5: Profitability & Capital NIM strong at 5.96% Jun-26 Risk Adjusted NII (Q1-FY27): 4.75% As microfinance industry (NII Less Credit Cost) / average total asset Declined because of gradually coming back to normalcy, the pressure on decline in MFI book NIM has diminished 6.36% Includes benefit
Slide 47: Breakup of Fee & Other Income – Q1 FY27
Section 5: Profitability & Capital Breakup of Fee & Other Income – Q1 FY27 Jun-26 • 91% of the fee income & other income is from retail banking operations. • Fee to Average total assets stood at 2.09% for Q1 FY27 compared to 2.01% for Q1 FY26 and 2.06% for full year FY26 Loan Origination Fees Genera
Slide 48: Composition of Operating Expenditure – Q1 FY27
Section 5: Profitability & Capital Composition of Operating Expenditure – Q1 FY27 Jun-26 Volume linked expenses include collection cost, Risk Containment Unit cost, credit administration cost, DICGC premium, credit card reward cost, UPI & RTGS charges etc. Channel Sourcing expenses included commissi
Slide 49: Improving cost to income ratio across business segments with scale
Section 5: Profitability & Capital Improving cost to income ratio across business segments with scale Jun-26 Cost to Income ratio (excluding trading gains) of the Bank improved 310 bps to 70.7% in Q1-FY27 from 73.8% in Q1-FY26 Overall Bank: Cost to Income Ratio Trend (Excluding Trading Gain) • Due t
Slide 50: Assets Cost to Income ratio improving
Section 5: Profitability & Capital Assets Cost to Income ratio improving with normalcy in the microfinance segment Jun-26 Assets: Cost to Income Ratio Trend With the normalizing of the microfinance business, we aspire to reduce from 57.7% to around 50% over the next 4-5 years. 60.5% 59.7% 59.2% 57.7
Slide 51: Cost to Income ratio for Retail Liabilities expected to reach 100%
Section 5: Profitability & Capital Cost to Income ratio for Retail Liabilities expected to reach 100% over next 4-5 years Jun-26 Retail Liabilities: Cost to Income Ratio Trend • Retail liability business is a new business set up by the bank to raise deposits. • Branches take time to get to profitabi
Slide 52: Cost to Income ratio for Credit Card improved to 83.6%
Section 5: Profitability & Capital Cost to Income ratio for Credit Card has improved to 83.6% in Q1 FY27 Jun-26 Credit Cards: Cost to Income Ratio Trend 431.5% Credit card business was set up in FY22, and the C:I ratio has come down from 240% to 83.6% by Q1 FY27. We expect the same trend to continue
Slide 53: Improving profitability metrics
Section 5: Profitability & Capital Improving profitability metrices Jun-26 YoY Growth of Operating Income (Excluding Trading Gains) YoY Growth of Operating Expenses 23.7% Microfinance headwinds weighed on operating income, while technology- led efficiencies and cost discipline moderated opex growth.
Slide 54: Improving profitability metrics
Section 5: Profitability & Capital Improving profitability metrices Jun-26 In US$ Mn. Core PPOP (Excluding Trading Gains) 250 226 196 196 193 205 183 171 184 • Core PPOP, which had seen a decline in the first half of FY26, resumed to positive-growth trajectory in the latter half and grew strongly at
Slide 55: Strong growth in profitability in Q1 FY27
Section 5: Profitability & Capital Strong growth in profitability in Q1 FY27 Jun-26 • The Asset Businesses (RAM & Wholesale Banking) have strong profitability even after factoring for provisions. • The Bank is investing the profits from lending business into building the deposit, rural and other bus
Slide 56: Assets: Profitability
Section 5: Profitability & Capital Assets (Retail Loans, Credit Cards & Wholesale Banking) : Profitability Jun-26 Operating Profit as a % of Average Loan Book (Retail + Credit Cards + Wholesale) US$ Million Avg. Loan Book 11,041 10,840 11,903 15,044 19,103 23,244 27,561 31,200 4.6% 4.4% 4.1% 3.7% 3.
Slide 57: Retail Liabilities Business: Moving towards break even
Section 5: Profitability & Capital Retail Liabilities Business : Moving towards break even with scale and productivity Jun-26 • Being a new Bank, we had to invest in building branch infrastructure, people, digital platforms and other capabilities. • With increasing scale, Operating losses as % of De
Slide 58: Lending engine earns healthy RoA; profits reinvested in growth businesses
Section 5: Profitability & Capital The lending engine earns a healthy RoA; profits are reinvested into other growth businesses Jun-26 INVESTMENTS Where lending profits are being reinvested a Deposit franchise & network :1,155 branches, 1,110 ATMs | Customer Deposits US$ 4,060 Mn.→ US$ 31,613 Mn.; b
Slide 59: Capital Adequacy Ratio
Section 5: Profitability & Capital Capital Adequacy Ratio Jun-26 In US$ Mn. Jun-25 Mar-26 Jun-26 Common Equity * 3,913 4,796 4,999 Tier 2 Capital Funds 678 653 647 Total Capital Funds 4,591 5,450 5,645 Total Risk Weighted Assets 30,580 34,940 37,507 CET-1 Ratio (%) 12.80% 13.73% 13.33% Total CRAR (%
Slide 60: Bank's net worth has increased consistently over last 6 years
Section 5: Profitability & Capital Bank’s net worth has increased consistently over the last 6 years Jun-26 Net Worth (US$ Mn.) 5,000 5,137 4,020 3,396 2,716 Pre- merger 2,218 1,917 1,880 1,611 1,620 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 59
Slide 61: BVPS grew from US$ 0.33 to US$ 0.60 since March 2021
Section 5: Profitability & Capital BVPS grew from US$ 0.33 to US$ 0.60 since March 2021 Jun-26 In US$. Book Value Per Share (BVPS) reduced during the first few years after merger Since Mar-21, the BVPS increased by 80% due to credit losses arising from legacy corporate and infrastructure loans 0.58
Slide 62: Shareholding Pattern
Section 5: Profitability & Capital Shareholding Pattern Jun-26 Scrip Name: IDFC FIRST Bank (BSE: 539437, NSE:IDFCFIRSTB) Shareholding (June 30, 2026) Other Body Trusts and Clearing Others (0.06%) Corporate (1.68%) Members (0.01%) President of India Total No. of shares 861.47 Cr (7.74%) FDI/FPI/FC/FN
Slide 63: Price Movement Since Merger vs NIFTY Private Bank Index
Price Movement Since Merger: IDFC FIRST Bank vs NIFTY Private Bank Index (%) Jun-26 December 12, 2018 July 24, 2026 % Change IDFC FIRST Bank Limited 0.40 0.85 115% NIFTY Private Bank Index 158.82 288.01 81% US$ 1.05 US$ 0.85 24-Jul-2026 288.01 24-Jul-2026 US$ 0.40 Dec-12-2018 US$ 0.19 Mar-22 Mar-25
Slide 64: Bank's Long Term Credit Rating
Credit Rating Bank’s Long Term Credit Rating Jun-26 Rating Agency Rating Deposit Fixed CRISIL AAA ICRA AA+ (stable) Credit Rating India Ratings AA+ (stable) Long Term CRISIL AA+ (stable) CARE Ratings AA+ (stable) 63
Slide 65: Board of Directors: MD & CEO Profile
Board of Directors Board of Directors: MD & CEO Profile Jun-26 Vaidyanathan aspires to build “A World Class Bank in India with Principles of Ethical, Digital & Social Good”. He took over as the Managing Director and CEO of IDFC FIRST Bank in December 2018 on merger of erstwhile Capital First and ers
Slide 66: Board of Directors
Board of Directors Board of Directors Jun-26 • Advisor to global organizations across Europe, the US • Was President and Group CTO at ICICI Bank from • Has over 32 years of experience in corporate and Asia. 2005 to 2012. world, with 24 years being in banking & financial • Worked as Regional Business
Slide 67: ESG highlights at IDFC FIRST Bank
Progress on ESG ESG highlights at IDFC FIRST Bank Jun-26 Embed ESG as a core driver of responsible growth, risk resilience, and long-term value Global Associations ESG Vision & Strategy creation for IDFC FIRST Bank FIRST ENSURE ( Enabling Sustainability Responsibly ) IDFC FIRST Bank is an official s
Slide 68: ESG Ratings & Recognitions
Progress on ESG ESG Ratings & Recognitions Jun-26 Performance across Key ESG Ratings* ESG Awards & Recognitions won by IDFC FIRST Bank MSCI ESG Ratings CDP Score AA C CCC AAA F A UBS Forums Green Urja Awards IGBC Sustainability Impact Award Financial Institution in Green Green Champion Award (Jun 20
Slide 69: Awards and Recognition
Awards & Recognition Awards and Recognition Jun-26 Digital & Retail Banking ESG & Green Banking MSME & Financial Inclusion Overall Bank & Employer Best Digital Bank Sustainability Impact Award Best MSME Friendly Bank (Private) + Jury Special Award World's Best Banks 2025 for Supporting MSMEs + Best
Slide 70: IDFC FIRST Bank
IDFC FIRST Bank We are building a world class bank with: - Highest levels of corporate governance - Stable balance sheet growth of ~20%, - Robust asset quality of GNPA less than 2% and net NPA of < 1% - High teens ROE - Contemporary technology and - High levels of Customer Centricity. 69
Slide 71: Disclaimer
Disclaimer Jun-26 This presentation has been prepared by and is the sole responsibility of IDFC FIRST Bank (together with its subsidiaries, referred to as the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute
Slide 72: Thank You
Thank You IDFC FIRST Bank
Slide 73: Background: IDFC FIRST Bank created by merger of IDFC Bank and Capital First
Background: IDFC FIRST Bank was created by merger of IDFC Bank and Capital First Jun-26 IDFC Limited was created in 1997 for financing infrastructure. Capital First was an NBFC created in 2012, focussed on MSME and IDFC Bank Limited was formed as a part of demerger from its retail loans through tech
Slide 74: IDFC Bank – Financial Trends
IDFC Bank – Financial Trends Jun-26 Loan Assets (US$ Mn.) Net-worth (US$ Mn.) 1,611 Net Interest Margin (%) 7,954 7,714 7,417 13% 1,560 2.0% 2.1% 11% 1,550 1.9% 4% 1.7% 5,691 1% 72% 70% 69% 1,439 90% 26% 20% 15% 9% FY16 FY17 FY18 H1FY19 Mar-16 Mar-17 Mar-18 Sep-18 Mar-16 Mar-17 Mar-18 Sep-18 Others
Slide 75: Capital First – Financial Trends
Capital First – Financial Trends Jun-26 (US$ Mn.) Cost to income came down to Strong growth in AUM 5 Year PAT CAGR of 56% <50% with scaling up of business Wholesale AUM Retail AUM Total AUM 3,445 128% 115% 35 2,850 ~ 70 – 80% < 50% 25 2,093 72% 74% 78% 80% 71% 22 1,694 59% 51% 51% 53% 18 48% 12 1,26