IDFC First Bank Q2 Results: NII Up 7%, Microfinance Issues Behind | V Vaidyanathan | Business　 #ETNOW

IDFC First Bank reported a strong Q2 with net interest income up 7% YoY and 4% QoQ, with microfinance issues now behind and NPA formation showing clear improvement. The bank’s net interest margin is expected to rise above 5.8% in FY26–FY27 as deposit repricing lowers costs, while CASA ratio has increased to over 50% due to higher savings rates. With a healthy balance sheet, profitable new business initiatives, strong deposit growth, and a microfinance portfolio bottoming out by Q4, IDFC First Bank is well-positioned for growth in the coming quarters.

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