Idfc First Bank Ltd. · NSE:IDFCFIRSTB
Idfc First Bank — Q4 FY26 Earnings Presentation
75 slides from Idfc First Bank's earnings presentation, Apr 25, 2026
Slide 1: Investor Presentation – Q4 FY26
Investor Presentation – Q4 FY26 April 25, 2026
Slide 2: Bank at Glance, Q4 FY26 results
Bank at Glance Bank at Glance, Q4 FY26 results Mar-26 SMA 1+2 Gross Advances GNPA ratio NNPA ratio (Retail, Agri & MSME) US$ 31,045 Mn. 1.61% 0.48% 0.78% (20% YoY | 4% QoQ) (-26 bps YoY | -8 bps QoQ) (-5 bps YoY | -5 bps QoQ) (-29 bps YoY | -10 bps QoQ) Cost of Funds Total Deposits CASA Deposits CAS
Slide 3: Table of Contents
Background 1 Background 6 Assets TABLE 2 Assets 8 OF Liabilities CONTENTS 3 Asset Quality Liabilities 20 4 Profitability Capital Asset Quality 29 5 Profitability & Capital 43 For the purpose of this presentation, we have considered, 1US$ = Rs. 91.40
Slide 4: Background
1. Background
Slide 5: Our Vision
Our Vision BUILDING A WORLD CLASS BANK GUIDED BY POWERED BY BE A FORCE FOR ETHICS TECHNOLOGY SOCIAL GOOD 4
Slide 6: Background: IDFC FIRST Bank created by merger of IDFC Bank and Capital First
Section 1: Background Background: IDFC FIRST Bank created by merger of IDFC Bank and Capital First Mar-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 l
Slide 7: Pre-merger Financials (30th September 2018)
Section 1: Background Pre-merger Financials (30th September 2018) Mar-26 Parameters CAPITAL FIRST IDFC Bank Proforma (US$ Mn.) Loan Book 2,953 8,242 11,195 Customer Deposit 0 3,979 3,979 BALANCE SHEET (NBFC) Retail Deposit 0 (NBFC) 986 986 CASA Deposit 0 (NBFC) 684 684 CASA Ratio 0 (NBFC) 13.0% 13.0
Slide 8: Bank has made significant progress since merger
Section 1: Background Bank has made significant progress since merger Mar-26 • Loan Book grew at a CAGR of 15% from US$ 11,451 Mn. as on Dec-18 to US$ 31,759 Mn. as on March 31, 2026 • Customer Deposits grew at a CAGR of 32% from US$ 4,207 Mn. as on December 31, 2018 to US$ 31,122 Mn. as on March 31
Slide 9: Assets
2. ASSETS
Slide 10: Judicious mix of segments to achieve overall yield of ~13% and credit cost of < 2%
Section 2: Assets Bank has a judicious mix of segments to achieve overall yield of ~13% and credit cost of < 2% Mar-26 Personal Finance Business / MSME Finance • With a healthy mix of these three segments Tier 1 and including corporate Low Yield Low Credit Cost New Car LAP loans, we are currently Ho
Slide 11: Retail, Agri and Rural, MSME (RAM) segment product offerings
Section 2: Assets Retail, Agri and Rural, MSME (RAM) segment product offerings Mar-26 Retail Agri / Rural MSME Wealth Management (distribution) Home Loans Current Account Rural Home Loans Bravo (Auto Sweep LAP Mutual Funds Life Insurance Current Account) Affordable Home Savings Accounts Tractor Loan
Slide 12: Full Suite of Universal Banking Products
Section 2: Assets The Bank has built a full Suite of Universal Banking Products Mar-26 Corporate Retail Lending Lending Supply SME Chain Lending V E R Financing Treasury & I Deposits S Forex & WHOLESALE RETAIL U N Solutions Accounts A L BANKING BANKING Transaction NRI PRODUCTS Banking & Banking PROD
Slide 13: Specialization in RAM book; grown consistently for 15 years
Section 2: Assets Bank has developed specialization in RAM book; grown consistently for 15 years Mar-26 RAM = Retail, Agri and MSME book Retail, Agri and MSME (RAM) Book (US$ Mn.) 25,426 21,616 The Bank has developed specialization in Cash Flow Evaluation & Digital Capabilities for these businesses
Slide 14: Wholesale Business
Section 2: Assets Wholesale Business Mar-26 Post merger, the bank unwound around US$ 2,260 Mn. of project Rating wise distribution ^ financing infrastructure book and reduced it to nearly nil now. • From our experience, we have learnt to finance businesses A and Above 77% that are already generating
Slide 15: Wholesale Loan Book growth trend since inception
Section 2: Assets Wholesale Loan Book growth trend since inception; YoY growth of 30% Mar-26 Wholesale Loan Book (US$ Mn.) Growth Phase: Bank started regrowing the Initial Position: The bank Reduction Phase: Upon Stability Phase: Wholesale book corporate loans with strong underwriting practices. ini
Slide 16: Bank reduced concentration risk in Wholesale lending
Section 2: Assets Bank reduced concentration risk in Wholesale lending Mar-26 Also, the exposure to top 20 single borrowers reduced from 16% in Further, the exposure to top 5 industries also reduced from 41% Mar-19 Mar-19 to 5% in Mar-26 to 20% in Mar-26 which has further strengthened the balance sh
Slide 17: Total Loans and Advances grew @ 20%
Section 2: Assets Total Loans and Advances (RAM and Wholesale) grew @ 20% Mar-26 RAM = Retail, Agri and MSME book Loans & Advances In US$ Mn. Mar-26 vs Mar-25 US$ 5,290 Mn. 20.0% Mar-26 vs Dec-25 US$ 1,187 Mn. 3.9% 31,759 26,469 21,987 Period of Stabilization to address the credit deposit ratio 17,5
Slide 18: Diversified Loan Book
Section 2: Assets Diversified Loan Book Mar-26 The Bank has transformed the loan book from a primarily wholesale credit book to a well diversified portfolio of Retail, Agri, MSME (RAM) and Corporate Banking Pre-Merger Current September 30, 2018 March 31, 2026 US$ 8,242 Mn. US$ 31,759 Mn. Other Rural
Slide 19: Loan book diversified across more than 25 business lines
Section 2: Assets The Bank has diversified its loan book across more than 25 business lines Mar-26 Other Corporates Loan Book: March 31, 2026 Infrastructure incl SE/SR 1% Financing 1% US$ 31,759 Mn. Financial Institutions 10% Home Loan 9% Corporate Loans8% Loan Against Property 12% Other Commercial
Slide 20: YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale Loans
Section 2: Assets YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale Loans Mar-26 Gross Loans & Advances (In US$ Mn.) Mar-25 Dec-25 Mar-26 QoQ (%) YoY (%) Retail Finance 15,471 17,956 18,759 4.5% 21.3% - Mortgage Loans 6,080 6,582 6,725 2.2% 10.6% 646 87% of the incremental - Ve
Slide 21: Liabilities
3. LIABILITIES
Slide 22: Bank has set-up 1,147 branches across India
Section 3: Liabilities Bank has set-up 1,147 branches across India Mar-26 • IDFC FIRST Bank Branches and ATMs are digitally equipped with customer friendly staff. • Bank grew its branch network 5.6X from 206 branches at merger to 1,147 branches as on March 31, 2026. • Bank also has International Ban
Slide 23: #1 Mobile Banking App in India
Section 3: Liabilities # 1 Mobile Banking App in India, rated 4.9 on Android and 4.8 on IOS Mar-26 Only Indian bank to feature in Global Top-5 Mobile Banking Apps Only Indian bank to feature in Global Top-5 Mobile Banking Apps The Forrester Digital Experience Review: Indian Mobile Banking Apps, 202
Slide 24: Total Customer Deposits growth strong at 17% YoY
Section 3: Liabilities Total Customer Deposits growth strong at 17% YoY Mar-26 Total Customer Deposits = Retail Customer Deposits + Wholesale Customer Deposits (Excludes Certificate of Deposits) In US$ Mn. Total Customer Deposits Mar-26 vs Mar-25 US$ 4,585 Mn. 17.3% 31,122 Mar-26 vs Dec-25 US$ 196 M
Slide 25: CASA Deposits growth strong at 24% YoY
Section 3: Liabilities CASA Deposits growth strong at 24% YoY Mar-26 CASA Ratio 49.8% CASA Deposits 16,045 Mar-26 vs Mar-25 US$ 3,109 Mn. 24.0% Mar-26 vs Dec-25 US$ -405 Mn. -2.5% 12,936 Average CASA Deposits grew by 3.7% sequentially in Q4 FY26 10,369 Average CASA Ratio for Q4 FY26 stood at 50.4% a
Slide 26: Diversified liabilities base with 79% Customer Deposits in Retail
Section 3: Liabilities Bank has diversified its liabilities base with 79% Customer Deposits in Retail Mar-26 Retail deposits have increased from 27% of deposits at merger (Dec-18) to 79% currently which has significantly stabilized the deposits side. Customer Deposits (US$ Mn.) Dec 18 Mar-19 Mar-20
Slide 27: Cost of Funds now levelled up with Mid-Tier Banks
Section 3: Liabilities Cost of Funds now levelled up with Mid-Tier Banks Mar-26 • The Bank has reduced cost of funds by 180 bps in 7 years • On QoQ basis, the cost of funds reduced by 11 bps to 6.00% (calculated on daily average balance) in Q4 FY26 • Cost of Deposits of the Bank was at 5.93% for Q4
Slide 28: Credit Deposit Ratio reduced from 137% at merger to 96.4%
Section 3: Liabilities Credit Deposit Ratio reduced from 137% at merger to 96.4% Mar-26 CD Ratio CD Ratio Including Credit Substitutes 169.0% 156.6% 159.0% 132.1% 137.0% 134.8% 122.2% 124.9% 111.0% 117.0% 114.5% 100.2% 96.0% 98.6% 107.0% 98.4% 96.4% 93.9% Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Ma
Slide 29: Deposits & Borrowings Details
Section 3: Liabilities Deposits & Borrowings Details Mar-26 Dec-18 Particulars (In US$ Mn.) Mar-25 Dec-25 Mar-26 YoY Growth (Merger) Legacy Long Term & Infrastructure Bonds 2,934 461 38 - -100.0% Refinance & Other Borrowings 3,374 2,566 2,079 3,457 34.7% Tier II Bonds - 492 492 492 0.0% Total Borrow
Slide 30: Asset Quality
4. ASSET QUALITY
Slide 31: Fundamental underwriting principle of the Bank
Section 4: Asset Quality The fundamental underwriting principle of the Bank explained Mar-26 A. The Bank specializes in cash flow assessment through bank statement, GST, bureau EMI etc. B. In addition, Bank takes debit instruction for debiting EMI to customer bank account. Combination of A+B put tog
Slide 32: Collection efficiency strong at 99.6% (Excluding micro-finance)
Section 4: Asset Quality The Bank collection efficiency strong at 99.6% (Excluding micro-finance) Mar-26 Collection Efficiency % = (Pos of EMI Collected for the Month)/(Pos of EMI Due for the month) % Collections % do not include any arrear or prepayment collections and hence represents true collect
Slide 33: MFI Collection Efficiency reached Pre-crisis levels at 99.7%
Section 4: Asset Quality MFI Collection Efficiency reached Pre-crisis levels at 99.7% Mar-26 Collection Efficiency % = (Pos of EMI Collected for the Month)/(Pos of EMI Due for the month) % Collections % do not include any arrear or prepayment collections and hence represents true collections efficie
Slide 34: SMA-1 & SMA-2 for RAM loan book improving over time
Section 4: Asset Quality SMA-1 & SMA-2 for RAM loan book improving over time Mar-26 RAM = Retail, Agri and MSME book SMA 1 = 31-60 dpd SMA-1 & SMA-2 portfolio as % of RAM Loan Book Pre -NPA SMA 2 = 61-90 dpd 2.23% NPA >90 dpd 2.19% 1.66% 1.03% 1.07% 1.01% 0.97% 0.97% 0.84% 0.90% 0.88% 0.81% 0.78% Ma
Slide 35: Product-wise SMA trend stable
Section 4: Asset Quality Product-wise SMA trend stable Mar-26 RAM = Retail, Agri and MSME book Product-wise SMA-1 & SMA-2 portfolio IMPROVED Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 5.10% SMA-1 & 2 for overall RAM portfolio reduced from 0.88% in Dec-25 to 0.78% in Mar-26 2.64% STABLE ↓ 70 bps 1.76% 1.76%
Slide 36: Gross NPA of RAM book is stable
Section 4: Asset Quality Gross NPA of RAM book is stable Mar-26 RAM = Retail, Agri and MSME book Product-wise Gross NPA portfolio IMPROVED Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 9.73% ↓ 28 bps Gross NPA for RAM portfolio improved to 1.47% as on Mar-26 as compared to 1.55% as on Dec-25 7.76% 7.71% STABLE
Slide 37: Net NPA of RAM book is stable
Section 4: Asset Quality Net NPA of RAM book is stable Mar-26 RAM = Retail, Agri and MSME book Product-wise Net NPA portfolio IMPROVED Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 2.13% 1.86% Net NPA for RAM book improved to 0.56% as on Mar-26 as compared to 0.63% as on Dec-25 ↓ 34 bps 1.49% 1.14% STABLE 0.88
Slide 38: RAM asset quality stable over 15 years
Section 4: Asset Quality RAM asset quality stable over 15 years Mar-26 Credit Costs ~2% of loan book through cycle. RAM Book has been tested through 6 Stress tests during the last 15 years but the Asset Quality remained strong RAM book-NPA ratio Stress Test 1: Stress Test 2: Stress 3: Stress Test 4:
Slide 39: Wholesale Business Gross NPA at lowest level since inception
Section 4: Asset Quality Wholesale Business Gross NPA at lowest level since inception Mar-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% 1.76% 1.46% 1.44% 0.05% 0.04% 0.03% 0.08% 0.10% Dec-19 (Pre Covid) Mar-21 Mar-22 Mar-23 Mar-24 Ma
Slide 40: 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 Mar-26 Stable Asset Quality Assets sold to ARC of US$ 263 Mn. in Jul-Aug’18 6.16% Assets sold to ARC of US$ 443 Mn Merger of IDFC COVID Pandemic in Mar’17 Bank & Capital First in Dec’18 4.15% GNPA% NNPA% 3.70% Formati
Slide 41: NPA Movement
Section 4: Asset Quality NPA Movement Mar-26 Description (US$ Mn.) Q3 FY26 Q4 FY26 Opening NPAs 530 505 ADD: Gross additions 229 194 LESS: Recoveries and Upgrades -57 -68 Net Addition to NPA 172 126 LESS: Write-offs -197 -132 Closing NPA 505 499 Gross NPA (%) 1.69% 1.61% Net NPA (%) 0.53% 0.48% • Gr
Slide 42: Credit Cost maintained <2% through the credit cycle
Section 4: Asset Quality Credit Cost maintained <2% through the credit cycle of 5 years including COVID and MFI Mar-26 ~1.95% on Avg Funded Assets through the years [~1.36% on Total Assets] COVID affected period MFI affected period 2.64% 2.42% COVID recovery period 2.46% 2.13% 1.13% 1.28% FY21 FY22
Slide 43: Credit Cost improved in all quarters in FY26 sequentially
Section 4: Asset Quality Credit Cost improved in all quarters in FY26 sequentially Mar-26 • The Credit Cost has improved by 106 bps from 2.69% in Q1 FY26 to 1.63% in Q4 FY26. • Credit cost at Bank level was at 2.13% of Average Funded Assets for FY26 (1.52% on Average Total Assets) • Excluding Microf
Slide 44: Profitability & Capital
5. PROFITABILITY & CAPITAL
Slide 45: Balance Sheet
Section 5: Profitability & Capital Balance Sheet Mar-26 In US$ Mn. Mar-25 Dec-25 Mar-26 YoY Shareholders' Funds 4,166 5,147 5,181 24.4% Deposits 27,578 31,853 32,218 16.8% - CASA Deposits 12,936 16,450 16,045 24.0% - Term Deposits 14,642 15,403 16,173 10.5% Borrowings 4,264 4,155 4,007 -6.0% Other l
Slide 46: Quarterly Income Statement
Section 5: Profitability & Capital Quarterly Income Statement Mar-26 Growth (%) Growth (%) In US$ Mn. Q4 FY25 Q3 FY26 Q4 FY26 QoQ YoY Interest Income 1,030 1,140 1,155 1.3% 12.1% Interest Expense 493 539 533 -1.0% 8.2% Net Interest Income 537 601 621 3.4% 15.7% Fee & Other Income 186 222 226 1.7% 21
Slide 47: Yearly Income Statement
Section 5: Profitability & Capital Yearly Income Statement Mar-26 Growth (%) In US$ Mn. FY25 FY26 YoY Interest Income 3,994 4,436 11.1% Interest Expense 1,883 2,115 12.3% Net Interest Income 2,111 2,321 10.0% Fee & Other Income 730 838 14.7% Trading Gain 38 53 41.1% Operating Income 2,879 3,213 11.6
Slide 48: Normalised Income Statement – Excluding one time impact items for Q4 FY26
Section 5: Profitability & Capital Normalised Income Statement – Excluding one time impact items for Q4 FY26 Mar-26 Normalised PAT excludes the items that are one-time in nature, including the fraud incident, Treasury loss and Income Tax refund for Q4 FY26. Growth (%) Growth (%) In US$ Mn. Q4 FY25 Q
Slide 49: NIM strong at 5.75%, increased meaningfully since merger
Section 5: Profitability & Capital NIM strong at 5.75%, increased meaningfully since merger Mar-26 • After inception in 2015, the Bank had a low NIM which gradually got improved after the merger through the transformation of the loan book as well as the deposits and borrowing, resulting in better yi
Slide 50: Breakup of Fee & Other Income – FY26
Section 5: Profitability & Capital Breakup of Fee & Other Income – FY26 Mar-26 • 92% of the fee income & other income is from retail banking operations. • Fee to Average total assets stood at 2.06% for FY26 and 2.13% for Q4 FY26. Loan Origination Fees 34% General banking Fees & Others 20% Credit Car
Slide 51: Composition of Operating Expenditure (FY26)
Section 5: Profitability & Capital Composition of Operating Expenditure (FY26) Mar-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 commissions
Slide 52: OPEX growth of 12.3% YoY against Business growth of 18.6%
Section 5: Profitability & Capital OPEX growth of 12.3% YoY against Business growth of 18.6% YoY in FY26 Mar-26 In FY26, total Business (loans + customer deposits) grew by 18.6% YoY, but Opex increased only by 12.3% YoY This represents the benefit of operating leverage. Bank expects to maintain impr
Slide 53: Targeting to bring down the Cost to Income Ratio over next year
Section 5: Profitability & Capital Targeting to bring down the Cost to Income Ratio over next year Mar-26 • The bank had targeted a C:I ratio of 65% for FY27 in Q1-25. Mainly because of the sharp reduction of the MFI Book due to crisis in the MFI industry from ~Rs. 13,000 crores (US$ 1,420 Mn.) in F
Slide 54: Strong growth in core profitability; impacted by MFI crisis
Section 5: Profitability & Capital Strong growth in core profitability; trajectory temporarily impacted by MFI crisis Mar-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
Slide 55: Assets: Profitability
Section 5: Profitability & Capital Assets (Retail Loans, Credit Cards & Wholesale Banking) : Profitability Mar-26 Operating Profit as a % of Average Loan Book (Retail + Credit Cards + Wholesale) US$ Mn. Avg. Loan Book 11,440 11,232 12,334 15,589 19,795 24,086 28,559 4.6% 4.4% 4.1% 3.4% 3.4% 3.0% 2.3
Slide 56: Retail Liabilities Business: Moving towards break even
Section 5: Profitability & Capital Retail Liabilities Business : Moving towards break even with scale and productivity Mar-26 Being a new Bank, we invested in building necessary branch infrastructure, people, digital platforms and other capabilities. With increasing scale, Operating losses as % of D
Slide 57: Capital Adequacy Ratio
Section 5: Profitability & Capital Capital Adequacy Ratio Mar-26 In US$ Mn. Mar-25 Dec-25 Mar-26 Common Equity * 3,986 4,955 4,970 Tier 2 Capital Funds 698 694 677 Total Capital Funds 4,684 5,650 5,647 Total Risk Weighted Assets 30,249 34,831 36,206 CET-1 Ratio (%) 13.17% 14.23% 13.73% Total CRAR (%
Slide 58: Shareholding Pattern
Section 5: Profitability & Capital Shareholding Pattern Mar-26 Scrip Name: IDFC FIRST Bank (BSE: 539437, NSE:IDFCFIRSTB) Shareholding (March 31, 2026) Other Body Others (0.05%) Trusts and Clearing Corporate (1.65%) Members (0.01%) President of India Total No. of shares 860.17 Cr (7.75%) FDI/FPI/FC/F
Slide 59: Bank's net worth has increased consistently over the last 6 years
Section 5: Profitability & Capital Bank’s net worth has increased consistently over the last 6 years Mar-26 Net Worth (US$ Mn.) 5,181 4,166 3,519 2,814 2,298 1,987 1,948 1,606 1,669 1,679 1,492 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 58
Slide 60: BVPS grew from US$ 0.34 to US$ 0.60 since March 2021
Section 5: Profitability & Capital BVPS grew from US$ 0.34 to US$ 0.60 since March 2021 Mar-26 In US$ Book Value Per Share (BVPS) reduced Since Mar-21, the BVPS increased by during the first few years after merger 75% with the increasing profitability due to credit losses arising from legacy from th
Slide 61: Price Movement Since Merger vs NIFTY Private Bank Index
Section 5: Profitability & Capital Price Movement Since Merger: IDFC FIRST Bank vs NIFTY Private Bank Index (%) Mar-26 December 12, 2018 April 25, 2026 % Change IDFC FIRST Bank Limited 37.6 (US$0.41) 67.39 (US$ 0.74) 79.23% NIFTY Private Bank Index 15,041.8 26,717.3 77.62% Rs.99.20 US$ 1.09 05-Sep-2
Slide 62: Bank's Long Term Credit Rating
Credit Rating Bank’s Long Term Credit Rating Mar-26 Rating Agency Fixed Deposit CRISIL AAA Long Term Credit Rating o AAA rating by CRISIL for its Fixed Deposit Program ICRA AA+ (stable) o Bank has Long Term Credit rating India Ratings AA+ (stable) AA+ (Stable) from all major rating agencies CRISIL A
Slide 63: Board of Directors: MD & CEO Profile
Board of Directors Board of Directors: MD & CEO Profile Mar-26 Vaidyanathan aspires to create “a world-class Indian Bank, guided by ethics, powered by technology, and to be a force social good”. He became the Managing Director and CEO of IDFC FIRST Bank in December 2018 following the merger of Capit
Slide 64: Board of Directors
Board of Directors Board of Directors Mar-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 65: ESG highlights at IDFC FIRST Bank
Progress on ESG ESG highlights at IDFC FIRST Bank Mar-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’s unified ESG id
Slide 66: Mumbai Climate Week 2026 | Principal Partner
Progress on ESG Mumbai Climate Week 2026 | Principal Partner Mar-26 IDFC FIRST Bank was the Principal Partner for the first ever Mumbai Climate Week 2026, playing a key role in advancing the dialogue and action-oriented agenda during this seminal event. The event directly complemented the Bank’s eth
Slide 67: ESG Ratings & Recognitions
Progress on ESG ESG Ratings & Recognitions Mar-26 Performance across Key ESG Ratings* ESG Awards & Recognitions won by IDFC FIRST Bank S&P Global ESG Score CDP Score 56 C 0 100 F A Green Urja Awards IGBC Global Fintech Awards Financial Institution in Green Green Champion Award Best Green Banking Ini
Slide 68: Recent Awards and Recognitions
Awards & Recognition Recent Awards and Recognitions Mar-26 IDFC FIRST Bank has won the “Best Digital Bank in India for IDFC FIRST Bank has won the “Global Fintech Awards 2025 - Best Green FY24 by FE India’s Best Bank Award” Banking Initiative” award for its Green Fixed Deposits product and journey.
Slide 69: Awards and Recognition
Awards & Recognition Awards and Recognition Mar-26 FE Best Banks Awards 2025 - Best Digital Bank SKOCH ESG Award (Silver) – Green Infrastructure 2025 Global Fintech Awards 2025 – Best Digital Transformation Program Global Fintech Awards 2025 – Best Green Banking Initiative’ IGBC Summit 2025—Green Vi
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 Mar-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 was created by merger of IDFC Bank and Capital First
Background: IDFC FIRST Bank was created by merger of IDFC Bank and Capital First Mar-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 Mar-26 Loan Assets (US$ Mn.) Networth (US$ Mn.) 1,669 Net Interest Margin (%) 8,243 7,993 7,686 13% 1,617 2.0% 2.1% 11% 1,606 1.9% 4% 1.7% 5,897 1% 72% 70% 69% 1,492 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 W
Slide 75: Capital First – Financial Trends
Capital First – Financial Trends Mar-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 3,569 128% 115% 36 2,954 ~ 70 – 80% < 50% 26 2,169 72% 74% 78% 80% 71% 23 1,755 59% 51% 51% 53% 18 48% 12 1,31