IDFC First Bank Share News - Latest Updates, Live News & More

Latest news about IDFC First Bank

CCI Greenlights Currant Sea Investments' Acquisition of Up to 9.99% Stake in IDFC First Bank Jun 04, 2025

The Competition Commission of India (CCI) has approved Currant Sea Investments B.V.'s acquisition of up to a 9.99% stake in IDFC First Bank. This regulatory clearance removes a key hurdle for a potentially significant investment in the Indian private sector bank. The approval could signal positive interest in IDFC First Bank's growth prospects and might bring additional capital for expansion, technology improvements, or balance sheet strengthening.

CCI Greenlights Warburg Pincus' Stake Acquisition in IDFC First Bank Jun 03, 2025

IDFC FIRST Bank Approves Rs 7,500 Crore Fundraising Plan May 20, 2025

IDFC First Bank Addresses Investor Concerns Over Warburg Pincus Board Seat May 20, 2025

IDFC FIRST Bank Shareholders Reject Warburg Pincus Board Seat, Jeopardizing Rs 7,500 Crore Investment May 19, 2025

More news about IDFC First Bank

01May 25

Warburg Pincus and ADIA Arm Set to Invest ₹7,500 Crore in IDFC First Bank

Warburg Pincus and Abu Dhabi Investment Authority (ADIA) are preparing to acquire substantial stakes in IDFC First Bank through preference shares. Warburg Pincus, via Currant Sea Investments BV, has applied for CCI approval to acquire a 9.99% stake, while ADIA's arm, Platinum Invictus B 2025 RSC, plans to subscribe to preference shares. The total investment amounts to ₹7,500 crore, with Warburg Pincus contributing ₹4,876 crore and ADIA ₹2,624 crore. This capital infusion is expected to strengthen IDFC First Bank's financial position, potentially expanding its lending capabilities and enhancing its competitive stance in the Indian banking sector.

29Apr 25

IDFC First Bank: Microfinance Challenges Subside, Improved ROA on the Horizon

IDFC First Bank reports robust financial performance with net profit up 39.50% YoY to ₹295.60 crore. The bank's management indicates peak MFI provisioning, projecting decreased provisions in coming quarters. Notable improvements include CASA ratio surge from 8.60% to 47.00% over five years and anticipated ROA improvement from Q3-Q4 FY26. Despite projecting 20% balance sheet growth, the bank expects only 12-13% increase in operating expenses next fiscal year, signaling improved efficiency.

28Apr 25

IDFC FIRST Bank Anticipates Lower Provisions and Repo Rate Cuts Amid Steady Financial Performance

IDFC FIRST Bank anticipates reduced provisions in coming quarters after Q4 peak. The bank expects a 25 basis point repo rate cut, with at least two more cuts projected. Plans to decrease microfinance portfolio to 3-3.5% within a year. Recent Q4 results show 59.61% YoY drop in net profit to ₹295.60 crore, but 14.66% increase in total revenue to ₹11,308.40 crore.

28Apr 25

IDFC FIRST BANK Unveils Ambitious Growth Strategy for FY26

IDFC FIRST BANK has announced strategic growth plans for FY26, targeting 20% expansion in loan book, 22-23% growth in deposits, and a 22% blended growth rate for overall business. The bank aims to expand its balance sheet by 20% while maintaining operational expense growth at 12-13%.

28Apr 25

IDFC First Bank Q4 Results: Profit Dips 58% YoY, Customer Deposits Grow 25%

IDFC First Bank's Q4 FY2024-25 results show a 58% YoY decline in standalone net profit to Rs 304.10 crore, despite a 9.8% increase in Net Interest Income. The bank experienced a 25.2% YoY growth in customer deposits, indicating strong customer trust. However, Net Interest Margin compressed to 5.95%, and credit costs exceeded guidance at 2.46%. Analysts have mixed views on the bank's performance, with ratings ranging from 'Underweight' to 'Add'.

27Apr 25

IDFC FIRST Bank Reports Mixed Q4 Results: Profit Declines 58% YoY, Deposits Grow 25%

IDFC FIRST Bank's Q4 FY25 results show a 58% YoY decline in net profit to Rs. 304.00 crore. Full-year FY25 profit decreased by 48.4% to Rs. 1,525.00 crore. Customer deposits grew 25.2% YoY to Rs. 2,42,543.00 crore, while gross loans increased 20.4% YoY. Net Interest Income rose 9.8% YoY. Asset quality improved with GNPA at 1.87%. The bank plans to raise Rs. 7,500.00 crore through CCPS issuance and recommended a dividend of Rs. 0.25 per share.

26Apr 25

IDFC FIRST Bank Reports Mixed Q4 Results: Profit Declines 58% YoY, Deposits Grow 25%, GNPA Improves

IDFC FIRST Bank's Q4 FY25 results show a 58% YoY decline in net profit to ₹304.00 crore, despite a 25.2% growth in customer deposits. The bank saw a 20.4% increase in gross advances and a 9.8% rise in Net Interest Income. Asset quality improved slightly with GNPA at 1.87%. The bank plans to raise ₹7,500.00 crore through CCPS issuance to strengthen its capital position.

25Apr 25

IDFC First Bank Braces for Q4 Results: Analysts Predict Profit Dip

IDFC First Bank is set to announce its Q4 FY25 results on April 26, with analysts expecting a significant year-on-year drop in net profit due to elevated provisions. The bank's stock has already fallen 2.88% ahead of the announcement. Analysts anticipate a contraction in Net Interest Margin, further impacting profitability. The bank's board will also consider a dividend recommendation during the meeting.

24Apr 25

IDFC FIRST Bank Sets Date for Q4 and FY2025 Results, Dividend Decision on the Horizon

IDFC FIRST Bank has scheduled its board meeting for April 26, 2025, to approve Q4 and FY2025 financial results and consider a potential dividend. The bank will release its audited standalone and consolidated financial statements, with an earnings call planned for 6:00 PM on the same day. The trading window for the bank's securities will remain closed for designated persons until April 28, 2025, in compliance with insider trading regulations.

18Apr 25

IDFC First Bank Faces RBI Penalty, Secures ₹7,500 Crore Capital Infusion

IDFC First Bank has been penalized ₹38.60 lakh by RBI for KYC non-compliance. The bank is also raising ₹7,500 crore through a preferential issue of equity capital, with Warburg Pincus affiliate investing ₹4,876 crore for a 9.48% stake and ADIA subsidiary investing ₹2,624 crore for a 5.10% stake. This capital infusion aims to strengthen the bank's position, support 20% annual loan book growth, and expand various business segments.

17Apr 25

IDFC FIRST Bank Secures ₹7,500 Crore in Strategic Fundraising Move

IDFC FIRST Bank's Board has approved raising ₹7,500 crore through preferential allotment of compulsorily convertible cumulative preference shares (CCPS) to Warburg Pincus affiliate and Abu Dhabi Investment Authority affiliate. Currant Sea Investments B.V. will invest ₹4,876.17 crore for 9.48% stake, while Platinum Invictus B 2025 RSC Limited will invest ₹2,623.11 crore for 5.10% stake. Each CCPS, priced at ₹60, will convert to one equity share within 18 months. The move aims to strengthen the bank's capital base for growth initiatives.

15Apr 25

IDFC First Bank to Consider Fund Raising via Preferential Issue Amid Leadership Change

IDFC First Bank's board will meet on April 17, 2025, to discuss raising funds through a preferential issue of eligible securities, subject to regulatory approvals. The bank's share price rose 2.00% following the announcement. The trading window for insiders remains closed from March 27 to April 28, 2025. Separately, the bank announced the passing of Mr. Chinmay Dhoble, Head of Retail Liabilities and Branch Banking, assuring stakeholders of a succession plan.

14Apr 25

IDFC FIRST Bank to Consider Fund Raising via Preferential Issue Amid Recent Leadership Loss

IDFC FIRST Bank has scheduled a board meeting on April 17, 2025, to discuss and potentially approve a fund-raising initiative through issuing eligible securities on a preferential basis. The bank has issued a regulatory intimation under SEBI LODR Regulations and reminded about the ongoing trading window closure until April 28, 2025. Separately, the bank announced the passing of Mr. Chinmay Dhoble, Head of Retail Liabilities and Branch Banking, on April 13, 2025, and assured stakeholders of a robust succession plan.

03Apr 25

IDFC First Bank's Share Price Rises on Q4FY25 Business Update

IDFC FIRST Bank's Q4FY25 business update reveals impressive growth across key metrics. Total business grew 22.70% YoY to Rs. 4,84,394.00 crore. Customer deposits increased 25.20% YoY to Rs. 2,42,546.00 crore. Loans and advances rose 20.30% YoY to Rs. 2,41,848.00 crore. CASA deposits grew 24.80% YoY to Rs. 1,18,260.00 crore, with a CASA ratio of 46.90%. The bank's Credit-Deposit ratio improved to 93.80% from 98.40% last year. Following the update, the bank's share price increased by over 3%.

02Apr 25

IDFC FIRST Bank Gains Approval to Disburse Central Government Pensions

IDFC FIRST Bank has received approval from the Central Pension Accounting Office to disburse pensions to central government pensioners, including retired All India Service Officers, former MPs, and retired judges. Pensioners can now receive their monthly pension directly into an IDFC FIRST Bank Savings Account, benefiting from zero-fee banking on 36 services and additional perks for senior citizens. This approval is expected to increase the bank's customer base, enhance its reputation, and create cross-selling opportunities.