Idfc First Bank Ltd. · NSE:IDFCFIRSTB
Idfc First Bank — Q3 FY26 Earnings Presentation
67 slides from Idfc First Bank's earnings presentation, Jan 31, 2026
Slide 1: Investor Presentation – Q3 FY26
Investor Presentation – Q3 FY26 January 31, 2026
Slide 2: Table of Contents
Background 1 Background 3 Building a Universal Bank 2 Building a Universal Bank 6 Bank at Glance 3 Bank at Glance 9 Deposits and Borrowings 4 Deposits and Borrowings 10 Diversified Loan Portfolio TABLE 5 Diversified Loan Portfolio 18 Strong Risk Management Framework OF 6 Strong Risk Management Frame
Slide 3: Our Vision
Our Vision BUILDING A WORLD CLASS BANK GUIDED BY POWERED BY BE A FORCE FOR ETHICS TECHNOLOGY SOCIAL GOOD 2
Slide 4: 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 Dec-25 • 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 5: Pre-merger Financials of the two merging entities
Section 1: Background Pre-merger Financials of the two merging entities (30th September 2018) Dec-25 Parameters CAPITAL FIRST IDFC Bank Proforma (US$ Mn.) Loan Book 3,026 8,445 11,472 Customer Deposit 0 4,077 4,077 BALANCE SHEET (NBFC) Retail Deposit 0 (NBFC) 1,010 1,010 CASA Deposit 0 (NBFC) 701 70
Slide 6: Bank has made significant progress on key parameters since merger
Section 1: Background Bank has made significant progress on key parameters since merger Dec-25 Amount in US$ Mn. Loan Book Customer Deposits CASA Deposits Branches (#) 51.6% 31,326 31,689 1,066 16,855 11,733 8.7% 4,311 206 591 Dec-18 Dec-25 Dec-18 Dec-25 Dec-18 Dec-25 Dec-18 Dec-25 CASA ratio% NIM (
Slide 7: The Bank has built a full Suite of Universal Banking Products
Section 2: Building a Universal Bank The Bank has built a full Suite of Universal Banking Products Dec-25 Corporate Lending Retail Lending Solutions Working Capital demand Loans, Cash Credit, Term Home Loans, vehicle Loans, Consumer Loans, Education Loans, Personal Loans, Corporate Bonds / NCDs, For
Slide 8: Bank has set-up 1,066 branches across India
Section 2: Building a Universal Bank Bank has set-up 1,066 branches across India Dec-25 • IDFC FIRST Bank Branches and ATMs are digitally equipped with customer friendly staff. • Bank grew its branch network 5X from 206 branches at merger to 1,066 branches as on December 31, 2025. • Bank also has In
Slide 9: #1 Mobile Banking App in India
Section 2: Building a Universal Bank # 1 Mobile Banking App in India, rated 4.9 on Android and 4.8 on IOS Dec-25 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 Ban
Slide 10: Bank at Glance – As on December 31, 2025
Section 3: Bank at Glance Bank at Glance – As on December 31, 2025 Dec-25 SMA 1+2 Loans & Advances GNPA ratio NNPA ratio (Retail, Rural & MSME) US$ 31,326 Mn. 1.69% 0.53% 0.88% (21% YoY | 5% QoQ) (-25 bps YoY | -17 bps QoQ) (1 bps YoY | 1 bps QoQ) (-15 bps YoY | -2 bps QoQ) Cost of Funds Customer De
Slide 11: Total Customer Deposits strong at 24% YoY
Section 4: Deposits & Borrowings Total Customer Deposits strong at 24% YoY Dec-25 Total Customer Deposits = Retail Customer Deposits + Wholesale Customer Deposits (Excludes Certificate of Deposits) In US$ Mn. Total Customer Deposits 31,689 Dec-25 vs Dec-24 US$ 6,205 Mn. 24.3% 27,191 Dec-25 vs Sep-25
Slide 12: CASA Deposits growth strong at 33% YoY
Section 4: Deposits & Borrowings CASA Deposits growth strong at 33% YoY Dec-25 In US$ Mn. CASA Ratio 51.6% CASA Deposits 16,855 Dec-25 vs Dec-24 US$ 4,178 Mn. 33.0% Dec-25 vs Sep-25 US$ 1,319 Mn. 8.5% 13,255 10,624 8,070 5,737 5,145 CASA Ratio 8.7% 2,316 591 885 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Ma
Slide 13: Bank has diversified its liabilities base with 79% Customer Deposits in Retail
Section 4: Deposits & Borrowings Bank has diversified its liabilities base with 79% Customer Deposits in Retail Dec-25 • It is a strategic priority of the Bank to grow retail deposits. Retail Deposit customers are used to transactions, id, passwords, RMs, branch services, Auto Debits, Standing Instr
Slide 14: Transformation of liabilities towards retail deposits
Section 4: Deposits & Borrowings Transformation of liabilities towards retail deposits Dec-25 Composition of Total Deposits & Borrowings* US$ 13,404 Mn. US$ 35,312 Mn. 7% 3% 0.2% • Retail Deposits as % of Total 19% Fresh Borrowings (post- Deposits & Borrowings 48% merger) increased from 9% at merger
Slide 15: Cost of Funds now levelled up with Mid-Tier Banks
Section 4: Deposits & Borrowings Cost of Funds now levelled up with Mid-Tier Banks Dec-25 The Bank has reduced cost of funds by 169 bps and reached mid-tier peer bank levels Mid-Tier Banks IDFC FIRST Bank 7.80% Cost of Funds for IDFC FIRST Bank was higher by 150 bps compared to Mid-Tier Banks CoF ha
Slide 16: Bank reduced Cost of Funds by 169 bps from 7.8% to 6.11%
Section 4: Deposits & Borrowings Bank reduced Cost of Funds by 169 bps from 7.8% (at merger) to 6.11% (Q3 FY 26) Dec-25 • COF reduced due to increase in CASA ratio from 8.7% at merger to 51.6%. • On QoQ basis, the cost of funds reduced by 12 bps to 6.11% (calculated on daily average balance). • Cost
Slide 17: Credit Deposit Ratio reduced from 137% at merger to 93.9%
Section 4: Deposits & Borrowings Credit Deposit Ratio reduced from 137% at merger to 93.9% Dec-25 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% 107.0% 96.0% 96.0% 98.4% 93.9% 93.9% Dec-18 Mar-19 Mar-20 Mar-21 Mar-22
Slide 18: Deposits & Borrowings Details
Section 4: Deposits & Borrowings Deposits & Borrowings Details Dec-25 Dec-18 Particulars (In US$ Mn.) Dec-24 Sep-25 Dec-25 YoY Growth (Merger) Legacy Long Term & Infrastructure Bonds 3,007 680 65 39 -94.3% Refinance & Other Borrowings 3,457 2,951 2,097 2,130 -27.8% Tier II Bonds - 504 504 504 0.0% T
Slide 19: Loans and Advances grew @ 21%
Section 5: Diversified Loan Portfolio Loans and Advances grew @ 21% Dec-25 Loans & Advances In US$ Mn. Dec-25 vs Dec-24 US$ 5,421 Mn. 20.9% Dec-25 vs Sep-25 US$ 1,440 Mn. 4.8% 31,326 27,122 22,530 Period of Stabilization to address the credit deposit ratio 18,004 14,468 12,377 13,131 11,733 11,605 D
Slide 20: Diversified Loan Book
Section 5: Diversified Loan Portfolio Diversified Loan Book Dec-25 The Bank has transformed the loan book from a primarily wholesale credit book to a well diversified portfolio of retail, Rural, MSME and Corporate Banking Pre-Merger Current September 30, 2018 December 31, 2025 US$ 8,445 Mn. US$ 31,3
Slide 21: Loan book diversified across more than 25 business lines
Section 5: Diversified Loan Portfolio The Bank has diversified its loan book across more than 25 business lines Dec-25 Other Corporates Loan Book: December 31, 2025 Infrastructure incl SE/SR 1% Financing 1% US$ 31,326 Mn. Financial Institutions 10% Home Loan 10% Emerging Corporates 7% Loan Against P
Slide 22: Specialization in Retail, Rural and MSME; grown consistently for 15 years
Section 5: Diversified Loan Portfolio Bank has developed specialization in Retail, Rural and MSME; grown consistently for 15 years Dec-25 Retail, Rural & MSME finance Book (US$ Mn.) 25,013 22,149 The Bank has developed specialization in Cash Flow Evaluation & Digital Capabilities for these businesse
Slide 23: Wholesale Loan Book growth trend since inception
Section 5: Diversified Loan Portfolio Wholesale Loan Book growth trend since inception; YoY growth of 34% Dec-25 Wholesale Loan Book (US$ Mn) Initial Position: The bank initially had Reduction Phase: Upon merger, Bank Stability Phase: Wholesale book Growth Phase: Bank started regrowing the corporate
Slide 24: Corporate loan and Rating Profile
Section 5: Diversified Loan Portfolio Corporate loan (Funded + Non-Funded) and Rating Profile Dec-25 Total Outstanding (US$ Mn.) # Rating wise distribution ^ 9,121 BB& Below BBB 4% 7,141 19% 5,987 5,868 5,673 4,886 5,139 4,698 4,705 A and Above Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25
Slide 25: Bank reduced concentration risk in Wholesale lending
Section 5: Diversified Loan Portfolio Bank reduced concentration risk in Wholesale lending Dec-25 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 Dec-25 to 20% in Dec-25 which has further strengt
Slide 26: YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale Loans
Section 5: Diversified Loan Portfolio YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale Loans Dec-25 Gross Loans & Advances (In US$ Mn.) Dec-24 Sep-25 Dec-25 QoQ (%) YoY (%) Retail Finance 15,129 17,517 18,399 5.0% 21.6% - Mortgage Loans 5,838 6,622 6,745 1.9% 15.5% 906 89% of
Slide 27: Cash-flow based lending – fundamental basis of Bank's lending
1. Cash-flow based lending – fundamental basis of Bank’s lending Section 6: Strong Risk Management Framework The fundamental underwriting principle of the Bank explained Dec-25 A. The Bank specializes in cash flow assessment through bank statement, GST, bureau EMI etc. B. In addition, Bank takes deb
Slide 28: First EMI returns for insufficient funds stable
2. EMI / Cheque Bounce (early bucket) return Trend Section 6: Strong Risk Management Framework First EMI returns for insufficient funds stable Dec-25 First EMI returns for insufficient funds has reduced by 47% indicating quality of underwriting has improved consistently 14.0% 10.0% 10.0% 7.1% 6.8% 6
Slide 29: Collection efficiency stable at 99.5% (Excluding micro-finance)
3. Collection Efficiency Trend Section 6: Strong Risk Management Framework The Bank collection efficiency stable at 99.5% (Excluding micro-finance) Dec-25 Collection Efficiency % = (Pos of EMI Collected for the Month)/(Pos of EMI Due for the month) % Collections % do not include any arrear or prepay
Slide 30: Collection Efficiency in MFI business reaching close to Pre-crisis levels
3. Collection Efficiency Trend Section 6: Strong Risk Management Framework Collection Efficiency in MFI business reaching close to Pre-crisis levels Dec-25 Collection Efficiency % = (Pos of EMI Collected for the Month)/(Pos of EMI Due for the month) % Collections % do not include any arrear or prepa
Slide 31: SMA-1 & SMA-2 for Retail Rural and MSME book improved by 15 bps YoY
4. SMA 1+2 Trend Section 6: Strong Risk Management Framework SMA-1 & SMA-2 for Retail Rural and MSME book improved by 15 bps YoY Dec-25 • SMA-1 & 2 for microfinance business reduced by 27 bps from 1.76% in Sep-25 to 1.49% in Dec-25 • SMA-1 & 2 for overall Retail, Rural & MSME portfolio (excluding mi
Slide 32: SMA position for all products stable
5. Product wise SMA 1+2 Trend Section 6: Strong Risk Management Framework SMA position for all products stable, improvement in SMA of MFI Business Dec-25 Product-wise SMA-1 & SMA-2 portfolio Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 5.10% SMA-1 & 2 for overall Retail, Rural & MSME portfolio (excluding micr
Slide 33: Microfinance SMA pool declined by 32% in Q3 FY26
6. Microfinance - SMA Pool Section 6: Strong Risk Management Framework SMA pool has declined by 32% in Q3 FY26 which indicates improving portfolio health of microfinance business Dec-25 In US$ Mn. SMA-0 SMA-1&2 87 SMA Pool of MFI has declined by 78% since March 25, indicating 72 reducing stress in M
Slide 34: Gross NPA
7. Asset Quality Summary Section 6: Strong Risk Management Framework Gross NPA Dec-25 Product-wise Gross NPA portfolio Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 9.73% Gross NPA (excluding MFI) improved to 1.61% as on Dec-25 as compared to 1.69% as on Sep-25 ↓ 276 bps 7.76% 7.71% 5.00% 4.45% 1.99% 1.99% 1.9
Slide 35: Net NPA
7. Asset Quality Summary Section 6: Strong Risk Management Framework Net NPA Dec-25 Product-wise Net NPA portfolio Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 2.13% Net NPA (excluding MFI) was at 0.51% as on Dec-25 as compared to 0.50% as on Sep-25 1.86% ↓ 35 bps 1.49% 1.14% 1.11% 0.88% 0.87% 0.86% 0.80% 0.7
Slide 36: Overall Bank level asset quality trend (2016-2025)
7. Asset Quality Summary Section 6: Strong Risk Management Framework Overall Bank level asset quality trend (2016-2025) Dec-25 Stable Asset Quality Assets sold to ARC of US$ 270 Mn. in Jul- Aug’18 6.16% Assets sold to ARC of US$ 454 Mn. COVID Pandemic in Mar’17 Merger of IDFC 4.15% Bank & Capital GN
Slide 37: Retail asset quality trend
7. Asset Quality Summary Section 6: Strong Risk Management Framework Retail asset quality trend Dec-25 Credit Costs ~2% of loan book through cycle. Retail, Rural & MSME finance Book has been tested through 6 Stress tests during the last 15 years but the Asset Quality remained strong Retail, Rural &
Slide 38: Wholesale Business Asset Quality is stable
7. Asset Quality Summary Section 6: Strong Risk Management Framework Wholesale Business Asset Quality is stable Dec-25 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% 1.76% 1.46% 1.44% 0.05% 0.04% 0.03% 0.08% Dec'19 (Pre Covid) Mar'21 Mar'22 Ma
Slide 39: NPA Movement
8. NPA Movement Section 6: Strong Risk Management Framework NPA Movement Dec-25 Description (US$ Mn.) Q2 FY26 Q3 FY26 Opening NPAs 546 543 ADD: Gross additions 253 235 LESS: Recoveries and Upgrades -59 -58 Net Addition to NPA 195 176 LESS: Write-offs -198 -202 Closing NPA 543 517 Gross NPA (%) 1.86%
Slide 40: Balance Sheet
Section 7: Profitability & Capital Balance Sheet Dec-25 In US$ Mn. Dec-24 Sep-25 Dec-25 YoY Shareholders' Funds 4,238 5,212 5,274 24.5% Deposits 26,556 31,028 32,638 22.9% - CASA Deposits 12,677 15,536 16,855 33.0% - Term Deposits 13,879 15,492 15,783 13.7% Borrowings 5,201 4,572 4,258 -18.1% Other
Slide 41: Quarterly Income Statement
Section 7: Profitability & Capital Quarterly Income Statement Dec-25 Growth (%) Growth (%) In US$ Mn. Q3 FY25 Q2 FY26 Q3 FY26 YoY QoQ Interest Income 1,047 1,114 1,168 11.5% 4.8% Interest Expense 498 541 552 10.9% 2.1% Net Interest Income 550 573 616 12.0% 7.4% Fee & Other Income 197 206 227 15.5% 1
Slide 42: Nine-Month Income Statement
Section 7: Profitability & Capital Nine-Month Income Statement Dec-25 Growth (%) In US$ Mn. 9M FY25 9M FY26 YoY Interest Income 3,037 3,363 10.7% Interest Expense 1,424 1,621 13.8% Net Interest Income 1,613 1,742 8.0% Fee & Other Income 558 627 12.5% Trading Gain 17 73 325.2% Operating Income 2,187
Slide 43: Breakup of Fee & Other Income – 9M FY26
Section 7: Profitability & Capital Breakup of Fee & Other Income – 9M FY26 Dec-25 • 91% of the fee income & other income is from retail banking operations. • Fee to Average total assets stood at 2.04% for 9M FY26. Loan Origination Fees General banking Fees & Others 34% 21% Credit Card & Toll 22% Wea
Slide 44: Composition of Operating Expenditure (9M FY26)
Section 7: Profitability & Capital Composition of Operating Expenditure (9M FY26) Dec-25 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 45: OPEX growth of 12.4% YoY against Business growth of 22.6% YoY
Section 7: Profitability & Capital OPEX growth of 12.4% YoY against Business growth of 22.6% YoY Dec-25 In FY25, total Business (loans + customer deposits) grew by 22.7% YoY, but Opex increased only by 16.5% YoY In 9M FY26, total Business grew by 22.6% YoY, but Opex increased by 12.4% YoY This clear
Slide 46: Targeting to bring down the Cost to Income Ratio over next 2 years
Section 7: Profitability & Capital Targeting to bring down the Cost to Income Ratio over next 2 years Dec-25 • Bank intends to grow branches only about 10% annually against estimated deposit growth of ~25%. • Credit Cards C:I has come down from 240% to 98% in ~4 years • Including trading gain, the C
Slide 47: Strong growth in core profitability; impacted by MFI crisis
Section 7: Profitability & Capital Strong growth in core profitability; trajectory temporarily impacted by MFI crisis Dec-25 • The Asset Businesses (Retail, Rural, MSME & Wholesale Banking) have strong profitability. However, as a new bank since we are investing in building the deposit franchise. He
Slide 48: Assets: Profitability
Section 7: Profitability & Capital Assets (Retail Loans, Credit Cards & Wholesale Banking) : Profitability Dec-25 As mentioned earlier, the Asset Businesses (Retail, Rural, MSME, Credit Cards & Wholesale Banking) have strong profitability. The reduction in FY25 and 9MFY26 is primarily due to impact
Slide 49: Retail Liabilities Business: Moving towards break even
Section 7: Profitability & Capital Retail Liabilities Business : Moving towards break even with scale and productivity Dec-25 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 50: Capital Adequacy Ratio
Section 7: Profitability & Capital Capital Adequacy Ratio Dec-25 In US$ Mn. Dec-24 Sep-25 Dec-25 Common Equity * 4,070 4,172 5,078 Tier 2 Capital Funds 724 701 711 Total Capital Funds 4,794 4,874 5,789 Total Risk Weighted Assets 29,759 33,978 35,690 CET-1 Ratio (%) 13.68% 12.28% 14.23% Total CRAR (%
Slide 51: Shareholding Pattern
Section 7: Profitability & Capital Shareholding Pattern Dec-25 Scrip Name: IDFC FIRST Bank (BSE: 539437, NSE:IDFCFIRSTB) Shareholding (December 31, 2025) Other Body Others (0.05%) Trusts and Corporate Clearing (1.68%) Members (0.02%) President of Total No. of shares 859.57 Cr India (7.75%) FDI/FPI/F
Slide 52: Price Movement Since Merger: IDFC FIRST Bank vs NIFTY Private Bank Index
Section 7: Profitability & Capital Price Movement Since Merger: IDFC FIRST Bank vs NIFTY Private Bank Index (%) Dec-25 200% 150% 127.69% 100% 90.94% 50% 0% -50% -100% Jun-19 Jun-20 Jun-21 Sep-21 Jun-22 Jun-23 Jun-24 Jun-25 Sep-19 Sep-20 Sep-22 Sep-23 Sep-24 Sep-25 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22
Slide 53: BVPS grew from US$ 0.35 to US$ 0.61 since March 2021
Section 7: Profitability & Capital BVPS grew from US$ 0.35 to US$ 0.61 since March 2021 Dec-25 In US$ Book Value Per Share (BVPS) reduced Since Mar-21, the BVPS increased by during the first few years after merger 74% with the increasing profitability due to credit losses arising from legacy from th
Slide 54: Bank's Long Term Credit Rating
Section 8: Credit Rating Bank’s Long Term Credit Rating Dec-25 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 agenci
Slide 55: Board of Directors: MD & CEO Profile
Section 9: Board of Directors Board of Directors: MD & CEO Profile Dec-25 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 merg
Slide 56: Board of Directors
Section 9: Board of Directors Board of Directors Dec-25 • 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 Region
Slide 57: ESG highlights at IDFC FIRST Bank
Section 10: Progress on ESG ESG highlights at IDFC FIRST Bank Dec-25 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 un
Slide 58: Accelerating awareness on ESG through brand initiatives
Section 10: Progress on ESG Accelerating awareness on ESG through brand initiatives Dec-25 First-of-its-Kind Upcycled Cricket Trophy in India Green Deposits pledge at the Mumbai and Kolkata Marathons ❖ We launched an Upcycled Tournament Trophy for the BCCI India vs. New Zealand ❖ To accelerate the a
Slide 59: ESG Ratings & Recognitions
Section 10: Progress on ESG ESG Ratings & Recognitions Dec-25 Performance across Key ESG Ratings* ESG Awards & Recognitions won by IDFC FIRST Bank S&P Global ESG Score CDP Score 58 C 0 100 F A IGBC Global Fintech Awards SKOCH ESG Award Green Champion Award Best Green Banking Initiative Green Infrast
Slide 60: Recent Awards and Recognitions
Section 11: Awards and Recognition Recent Awards and Recognitions Dec-25 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
Slide 61: Awards and Recognition
Section 11: Awards and Recognition Awards and Recognition Dec-25 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
Slide 62: 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. 61
Slide 63: Disclaimer
Disclaimer Dec-25 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 64: Thank You
Thank You IDFC FIRST Bank
Slide 65: 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 Dec-25 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 66: IDFC Bank – Financial Trends
IDFC Bank – Financial Trends Dec-25 Loan Assets (US$ Mn.) Networth (US$ Mn.) 1,710 Net Interest Margin (%) 8,446 8,190 7,875 13% 1,657 2.0% 2.1% 11% 1,646 1.9% 4% 1.7% 6,043 1% 72% 70% 69% 1,528 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 67: Successful Trajectory of Growth at Capital First
Section 4: Background IDFC FIRST Bank Successful Trajectory of Growth at Capital First Dec-25 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 3,657 128% 115% 37 3,027 ~ 70 – 80% < 50% 27 2,222 72% 74%