IDFC First Bank customer deposits rise 17.2% YoY to ₹2.84 lakh crore in Q4

IDFC First Bank reported a 17.2% year-on-year rise in customer deposits to ₹2.84 lakh crore for the quarter ended March 31, 2026, compared with ₹2.42 lakh crore a year earlier. The lender’s loans and advances grew 20% year-on-year to ₹2.90 lakh crore as of March 31, 2026, up from ₹2.42 lakh crore in the corresponding period last year.

Meanwhile, the current account savings account (CASA) ratio improved to 49.8% as of March 31, 2026, compared with 46.9% in the same period a year ago.

Customer deposits rose during the quarter despite several headwinds, including year-end advance tax outflows, a tight liquidity environment, prevailing West Asia crisis for over a month and the reduction in savings account interest rates by 50 to 200 basis points in key buckets during the fourth quarter.

The bank said new accounts opened during March 2026 were in line with previous months, indicating stability in customer additions.

Average customer deposits also increased sequentially during the quarter, reflecting sustained deposit mobilisation.

The bank noted that growth in deposits is expected to strengthen from the first quarter of FY27.

The CASA ratio remained broadly stable on an average basis during the quarter, indicating continued traction in low-cost deposits.

Asset quality in the microfinance institution (MFI) book returned to normalcy during the quarter, while asset quality in the rest of the loan book remained stable.

The bank’s average liquidity coverage ratio (LCR) stood at 114% during the fourth quarter of FY26, indicating a stable liquidity position.

The figures released are provisional and subject to audit by the statutory auditors of the bank.

Also read: IDFC First Bank to stay profitable despite fraud hit, sees FY27 as breakthrough year

Shares of IDFC First Bank closed higher at ₹60.49 on the NSE, up ₹0.31 or 0.52%.