# IDFC First Bank (IDFCFIRSTB) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/idfcfirstb

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹77.33
- Change: -0.60%
- As of: 2026-11-06
- 1D return: -0.60%
- 5D return: +7.40%
- 1M return: -1.44%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

IDFCFIRSTB (₹77.33) exhibits a mixed technical profile on 2026-11-06, characterized by short-term bearish pressure within a longer-term bullish context. The daily trend is established and bearish, with the price trading below the Supertrend and key medium-term moving averages (50-period EMA/SMA), despite remaining above the 200-period SMA. This downward bias was reinforced by a high-severity weekly gap down on 2026-11-06 (-0.6%). Conversely, the monthly trend remains bullish, with price holding above all supplied moving averages and the Supertrend, suggesting the broader structural uptrend is intact. Momentum indicators show divergence: while the daily ADX (31.05) confirms strong trend conviction, the Minus DI (25.26) exceeds Plus DI (22.69), signaling selling dominance in the near term. Price action is positioned in the upper-middle of its 20-day (+71.8%) and 252-day (+61.1%) ranges, but has pulled back from recent highs. Risk metrics indicate elevated volatility (annualized +31.1%) and a current drawdown of -12.0%.

- Daily Trend: Bearish structure confirmed; price below Supertrend and 50-period MAs, with ADX at 31.05 indicating strong directional movement.
- Monthly Context: Bullish structure persists; price remains above all monthly moving averages and Supertrend, providing long-term support.
- Key Levels: Immediate resistance at ₹78.31 (+1.26%) and ₹78.65 (+1.70%); immediate support at ₹77.12 (-0.27%) and ₹76.89 (-0.57%).
- Risk & Volatility: High annualized volatility (+31.1%) and current drawdown (-12.0%); recent anomaly includes a high-severity weekly gap down on 2026-11-06.

- Bullish Engulfing Reversal
- Evening Star
- Morning Star

### Official Filings

IDFC First Bank reported Q2 FY27 financial results on October 24, 2026, showing a significant acceleration in profitability and asset growth. Profit After Tax (PAT) surged 196.5% year-on-year to ₹1,045 crore, driven by core profit of ₹1,036 crore. Total deposits expanded 25.9% to ₹3,48,583 crore, while loans grew 30.1% to ₹3,46,913 crore. Asset quality remained stable with Gross NPA at 1.32% and Net NPA at 0.40%. The bank also secured an investment-grade rating of 'BBB-' from S&P Global Ratings.

Governance changes were approved by the Board on the same date, subject to regulatory approvals: S. Ganesh Kumar is set to become Part-Time Non-Executive Chairperson effective May 10, 2027, succeeding Sanjeeb Chaudhuri. Pradeep Natarajan will serve as Executive Director for three years from June 1, 2027. Aashish Kamat’s tenure as Independent Director concludes on December 17, 2026. Additionally, Mr. Hardik Thaker was appointed Chief Information Security Officer (CISO) effective October 30, 2026, following Mr. Nitin Chauhan’s resignation.

- Q2 FY27 PAT increased 196.5% YoY to ₹1,045 crore; H1 FY27 PAT stood at ₹2,120 crore with ROA of 0.99%.
- Total deposits rose 25.9% YoY to ₹3,48,583 crore and loans advanced grew 30.1% YoY to ₹3,46,913 crore.
- S&P Global Ratings assigned an investment-grade long-term rating of 'BBB-' to the bank.
- S. Ganesh Kumar to become Part-Time Non-Executive Chairperson from May 10, 2027, subject to RBI approval.
- Hardik Thaker appointed CISO effective October 30, 2026; Nitin Chauhan resigned as CISO.

- [IDFC First Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026124506_IDFCFIRSTB_Earnings_Call_Transcript__Q2FY27.pdf)
- [IDFC First Bank Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261030_125631646.xml)
- [IDFC First Bank Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026190822_Disclosure_SMP_change_CISO.pdf)
- [IDFC FIRST BANK LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_13160_WebXMLFile_20261030_191002216.xml)
- [IDFC First Bank Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_25102026151311_IDFCFIRSTB_Earnings_Call_Audio_Replay_Q2FY27.pdf)
- [IDFC First Bank Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261025_152130589.xml)
- [IDFC First Bank Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026165957_BM_Outcome_Financial_Q2FY27_sd.pdf)
- [IDFC First Bank Limited has informed the Exchange regarding a press release dated October 24, 2026, titled "Press Release - Unaudited Standalone and Consolidated Financial Results of IDFC FIRST Bank Limited for the quarter ended September 30, 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026170906_BM_Press_Release_Q2FY27.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/IDFCFIRSTB_24102026171851_BM_Cover_Letter_Security_Cover_Certificate_.pdf)
- [IDFC First Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on October 24, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026172944_BM_Outcome_24102026.pdf)

### Fundamentals

IDFC First Bank’s latest quarterly results for Q2 FY2026-27 show a divergence between top-line growth and bottom-line compression. Revenue rose to ₹14,228 crore from ₹13,361 crore in Q1, driven by higher interest earned (₹11,923 crore). However, operating profit fell sequentially to ₹2,552 crore from ₹2,626 crore as expenditure excluding provisions increased to ₹11,677 crore. Net profit declined to ₹1,049 crore from ₹1,148 crore, with EPS dropping to ₹1.22 per share from ₹1.33.

On the balance sheet, assets expanded significantly to ₹4,70,545 crore as of September 2026, with advances growing to ₹3,35,641 crore and deposits rising to ₹3,48,369 crore. This asset growth is supported by strong cash generation; free cash flow was ₹6,178 crore for the year ended March 2026, though down from ₹13,542 crore in the prior year. Profitability metrics remain under pressure: Return on Equity (ROE) stood at 4% for both March 2025 and March 2026, while financing margins improved but remained negative at -8% in the Sep 2026 quarter. Shareholding patterns indicate a shift toward institutional investors, with FIIs increasing their stake to 36.67% by September 2026.

- Sequential earnings decline: Net profit fell to ₹1,049 crore in Q2 FY2026-27 from ₹1,148 crore in Q1, despite revenue growth to ₹14,228 crore.
- Asset expansion: Total assets grew to ₹4,70,545 crore as of Sep 2026, with advances at ₹3,35,641 crore and deposits at ₹3,48,369 crore.
- Margin pressure: Financing margin improved to -8% in Sep 2026 from -15% in Sep 2025, but ROE remains flat at 4% for FY2026.
- Institutional accumulation: FII holding rose to 36.67% in Sep 2026, up from 19.57% in Sep 2024, while promoter holding is reported at 0%.

### Bear Case

Technical indicators for IDFC First Bank on November 6, 2026, signal short-term weakness and elevated volatility. The stock closed at ₹77.33, down from the previous close of ₹77.80, with daily technicals showing a bearish Supertrend direction and negative slopes for both the 20-day EMA (-0.29) and SMAs (-1.27 for 20-day, -1.05 for 50-day). The stock is currently trading within a narrow range, bounded by immediate support at ₹77.12 and resistance at ₹78.31. Performance metrics reflect recent pressure, with a one-month return of -5.2% and a year-to-date decline of -9.7%. Risk metrics are significant, featuring an annualized volatility of +31.1% and a current drawdown of -12.0%, indicating substantial price fluctuation and recent losses from peaks.

- Daily trend is bearish as of 2026-11-06, with the Supertrend direction signaling downside pressure and negative slopes across key moving averages (EMA 20, SMA 20, SMA 50).
- Short-term performance shows deterioration, with returns of -5.2% over one month and -9.7% year-to-date, while the stock trades near support at ₹77.12.
- Volatility remains high with an annualized volatility of +31.1% and a current drawdown of -12.0%, reflecting increased risk and price instability.

- [SBI, ICICI, HDFC Bank, IIB, KMB shares: Valuation premium over global peers narrowed; targets](https://www.businesstoday.in/markets/stocks/story/sbi-icici-hdfc-bank-iib-kmb-shares-valuation-premium-over-global-peers-narrowed-targets-565320-2026-11-03)
- [IDFC First Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026124506_IDFCFIRSTB_Earnings_Call_Transcript__Q2FY27.pdf)
- [IDFC First Bank Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261030_125631646.xml)
- [IDFC First Bank Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026190822_Disclosure_SMP_change_CISO.pdf)
- [IDFC FIRST BANK LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_13160_WebXMLFile_20261030_191002216.xml)
- [IDFC First Bank Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_25102026151311_IDFCFIRSTB_Earnings_Call_Audio_Replay_Q2FY27.pdf)
- [IDFC First Bank Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261025_152130589.xml)
- [IDFC First Bank Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026165957_BM_Outcome_Financial_Q2FY27_sd.pdf)
- [IDFC First Bank Limited has informed the Exchange regarding a press release dated October 24, 2026, titled "Press Release - Unaudited Standalone and Consolidated Financial Results of IDFC FIRST Bank Limited for the quarter ended September 30, 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026170906_BM_Press_Release_Q2FY27.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/IDFCFIRSTB_24102026171851_BM_Cover_Letter_Security_Cover_Certificate_.pdf)

### FAQs

**What were IDFC First Bank's key financial results for Q2 FY27?**

For the quarter ended September 30, 2026, IDFC First Bank reported a profit after tax of ₹1,045 crore and core profit of ₹1,036 crore. The bank maintained strong asset quality with a gross NPA ratio of 1.32% and a net NPA ratio of 0.40%, while total deposits stood at ₹3.48 lakh crore.

**How has the bank performed in raising foreign currency deposits?**

During Q2 FY27, the bank mobilized ₹34,390 crore (approximately US$3.6 billion) of FCNR(B) deposits under the RBI scheme. Additionally, it issued US$950 million of bonds through its offshore International Banking Unit (IBU) branch, contributing to loan assets of about ₹3.47 lakh crore including FCNR-backed loans.

**What recent changes occurred in the bank's senior management?**

Effective October 30, 2026, Mr. Hardik Thaker was appointed as Chief Information Security Officer (CISO) and Senior Management Personnel, leading cybersecurity transformation. He succeeded Mr. Nitin Chauhan, whose resignation was accepted; Mr. Chauhan’s last working day is April 23, 2027, as he leaves to pursue opportunities outside the bank.

**What does the current technical trend indicate for the stock price?**

As of November 6, 2026, the daily trend is bearish with the stock closing at ₹77.33, down 0.6% from the previous close. The stock faces resistance at ₹78.31 and support at ₹77.12. While the monthly trend remains bullish, the weekly trend is bearish, reflecting a YTD return of -9.7% and a current drawdown of -12.0%.

- [SBI, ICICI, HDFC Bank, IIB, KMB shares: Valuation premium over global peers narrowed; targets](https://www.businesstoday.in/markets/stocks/story/sbi-icici-hdfc-bank-iib-kmb-shares-valuation-premium-over-global-peers-narrowed-targets-565320-2026-11-03)
- [IDFC First Bank Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026124506_IDFCFIRSTB_Earnings_Call_Transcript__Q2FY27.pdf)
- [IDFC First Bank Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261030_125631646.xml)
- [IDFC First Bank Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026190822_Disclosure_SMP_change_CISO.pdf)
- [IDFC FIRST BANK LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_13160_WebXMLFile_20261030_191002216.xml)
- [IDFC First Bank Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_25102026151311_IDFCFIRSTB_Earnings_Call_Audio_Replay_Q2FY27.pdf)
- [IDFC First Bank Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261025_152130589.xml)
- [IDFC First Bank Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026165957_BM_Outcome_Financial_Q2FY27_sd.pdf)
- [IDFC First Bank Limited has informed the Exchange regarding a press release dated October 24, 2026, titled "Press Release - Unaudited Standalone and Consolidated Financial Results of IDFC FIRST Bank Limited for the quarter ended September 30, 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026170906_BM_Press_Release_Q2FY27.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/IDFCFIRSTB_24102026171851_BM_Cover_Letter_Security_Cover_Certificate_.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹77.12
- Risk regime: Price Risk Currently Contained

### Support levels
- 76.89
- 67.435
- 63.11

### Resistance levels
- 78.305322265625
- 82.3509375
- 84.83

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.60% |
| return_10 | +6.96% |
| return_1m | -5.19% |
| return_1y | -3.78% |
| return_20 | -1.44% |
| return_3m | -9.40% |
| return_5 | +7.40% |
| return_6m | +11.12% |
| return_since_start | +20.47% |
| return_ytd | -9.67% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -31.63% |
| annualized_volatility | +31.11% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# IDFC First Bank Limited Q2 FY2026-27: Profit slips sequentially

IDFC First Bank reported profit after tax of ₹1,049 crore for Q2 FY2026-27, down 8.6% from Q1, despite a 6.5% rise in income to ₹14,228 crore. Expenditure excluding provisions grew faster, up 8.8% sequentially, and pre-provision operating profit fell 2.8%. Profit was 201.7% higher than in Q2 FY2025-26.

## Income and interest costs

Interest earned rose 7.9% sequentially to ₹11,923 crore from ₹11,051 crore in Q1 FY2026-27. Interest expended increased 13.0% to ₹5,735 crore from ₹5,077 crore. The respective absolute increases were ₹872 crore and ₹658 crore.

Other income was nearly unchanged at ₹2,305 crore, compared with ₹2,310 crore in Q1. Total income was ₹14,228 crore, up from ₹13,361 crore in Q1 and 20.3% above Q2 FY2025-26.

## Operating costs, provisions and earnings

Operating expenses increased 5.0% sequentially to ₹5,942 crore from ₹5,658 crore. Employee costs rose 2.6% to ₹2,187 crore, while other operating expenses increased 6.5% to ₹3,756 crore. Total expenditure excluding provisions and contingencies rose 8.8% to ₹11,677 crore, outpacing income growth. Pre-provision operating profit consequently declined to ₹2,552 crore from ₹2,626 crore in Q1.

Provisions other than tax and contingencies were broadly stable at ₹1,139 crore, against ₹1,144 crore in Q1. Profit before tax fell 4.7% to ₹1,412 crore from ₹1,482 crore. Tax expense rose 8.9% to ₹363 crore, and profit after tax declined 8.6% to ₹1,049 crore. Basic EPS was ₹1.22, compared with ₹1.33 in Q1; diluted EPS was ₹1.21, versus ₹1.32.

## Balance sheet and cash flows

At 30 September 2026, advances stood at ₹3,35,641 crore, compared with ₹2,80,391 crore at 31 March 2026. Deposits rose to ₹3,48,369 crore from ₹2,94,312 crore, and borrowings increased to ₹53,968 crore from ₹36,633 crore. Total assets were ₹4,70,545 crore, up from ₹3,99,775 crore; investments increased to ₹1,02,270 crore from ₹85,646 crore.

For the quarter, operating cash flow was negative ₹5,349 crore and investing cash flow was negative ₹9,562 crore, while financing cash flow was positive ₹17,193 crore. Reported free cash flow was negative ₹14,911 crore. Cash and cash equivalents were ₹15,051 crore at 30 September, compared with ₹12,767 crore at 31 March.

## Key Takeaway

Income and the balance sheet expanded, but sequential profit declined as expenditure excluding provisions grew faster than income and pre-provision operating profit weakened. Stable provisions did not prevent lower earnings. The growth in advances, deposits and borrowings, alongside the quarterly cash-flow movements, remains important context for assessing the bank’s expansion and funding profile.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +0.00%
- FII holding: +21.59%
- DII holding: +24.35%
- Mutual fund holding: +12.76%
- Retail holding: +14.24%
- Promoter pledged: +0.00%

### Major reported shareholders

- CURRANT SEA INVESTMENTS B.V. — +9.43%
- PRESIDENT OF INDIA — +7.74%
- PLATINUM INVICTUS B 2025 RSC LIMITED — +5.07%
- ODYSSEY 44 A S — +3.13%
- ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED — +2.42%
- LIFE INSURANCE CORPORATION OF INDIA - ULIF00520091 — +2.35%
- HDFC LIFE INSURANCE COMPANY LIMITED — +2.29%
- TATA MID CAP FUND — +1.61%
- MOTILAL OSWAL NIFTY MIDSMALL FINANCIAL SERVICES IN — +1.40%
- PRINCIPAL FUNDS, INC. - GLOBAL EMERGING MARKETS FU — +1.23%

## Official filings

- 2026-11-06 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_06112026170311_ESOP_Allotment_November_06_2026.pdf)
- 2026-11-06 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_13160_WebXMLFile_20261106_171038426.xml)
- 2026-10-30 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026124506_IDFCFIRSTB_Earnings_Call_Transcript__Q2FY27.pdf)
- 2026-10-30 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261030_125631646.xml)
- 2026-10-30 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_30102026190822_Disclosure_SMP_change_CISO.pdf)
- 2026-10-30 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_13160_WebXMLFile_20261030_191002216.xml)
- 2026-10-25 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_25102026151311_IDFCFIRSTB_Earnings_Call_Audio_Replay_Q2FY27.pdf)
- 2026-10-25 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261025_152130589.xml)
- 2026-10-24 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026165957_BM_Outcome_Financial_Q2FY27_sd.pdf)
- 2026-10-24 — Press Release: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026170906_BM_Press_Release_Q2FY27.pdf)
- 2026-10-24 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IDFCFIRSTB_24102026171851_BM_Cover_Letter_Security_Cover_Certificate_.pdf)
- 2026-10-24 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026172944_BM_Outcome_24102026.pdf)
- 2026-10-24 — Earnings Presentation: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_24102026172636_Investor_Presentation_Q2FY27.pdf)
- 2026-10-24 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_13160_WebXMLFile_20261024_173519730.xml)
- 2026-10-24 — Financial Results Filing: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1745416_24102026054832_WEB.xml)
- 2026-10-24 — Financial Results Filing: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1745436_24102026063930_WEB.xml)
- 2026-10-23 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_23102026153446_ESOP_Allotment_October_23_2026.pdf)
- 2026-10-23 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_13160_WebXMLFile_20261023_154108248.xml)
- 2026-10-21 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_21102026143534_NRC_Outcome_Grant_21102026.pdf)
- 2026-10-19 — Shareholding Disclosure: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741831_19102026060659_WEB.xml)
- 2026-10-17 — Credit Rating Update: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_17102026180945_IDFCFIRSTB_Credit_Rating_Crisil_17102026.pdf)
- 2026-10-12 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_12102026165948_Letter_Reg_74_5_SEBI_DP_Q2FY27.pdf)
- 2026-10-12 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_12102026182838_IDFCFIRSTB_Earnings_Call_Intimation_September_2026.pdf)
- 2026-10-12 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13160_WebXMLFile_20261012_183447513.xml)
- 2026-10-09 — Generic Announcement: IDFC First Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDFCFIRSTB_09102026181719_ESOP_Allotment_October_09_2026.pdf)

## News and market events

- 2026-11-06 — Times of India: **Data leaks to cyber frauds: How safe is your money and personal information with banks?** — RBI data indicates that bank fraud losses surged to Rs 48,021 crore in FY26, driven largely by loan-related schemes, while cyber fraud complaints exceeded 53 lakh with minimal refunds. Recent incidents involving SBI, IDFC First Bank, and PNB highlight vulnerabilities in digital security and internal controls, raising concerns about the safety of customer deposits despite high trust levels. The Supreme Court has directed financial institutions to compensate victims when due diligence failures are established, with revised RBI liability rules expected to take effect in late 2027. — [Source](https://timesofindia.indiatimes.com/business/india-business/data-leaks-to-cyber-frauds-how-safe-is-your-money-and-personal-information-with-banks/articleshow/135605195.cms)
- 2026-11-03 — BUSINESSTODAY: **SBI, ICICI, HDFC Bank, IIB, KMB shares: Valuation premium over global peers narrowed; targets** — Jefferies identified a narrowing valuation premium for Indian banks over global peers, citing strong asset quality and consistent performance from ICICI Bank and SBI in FY26. The investment bank highlighted diverging retail deposit franchises and a shift toward tech investments, while forecasting 16% sector-wide deposit growth for FY27 supported by FCNR-B inflows. Jefferies also noted that upcoming ECL-based provisioning and wage settlements may increase costs, though an expected repo rate hike could offset these pressures. — [Source](https://www.businesstoday.in/markets/stocks/story/sbi-icici-hdfc-bank-iib-kmb-shares-valuation-premium-over-global-peers-narrowed-targets-565320-2026-11-03)
- 2026-10-26 — BUSINESSTODAY: **IDFC First Bank oversold on charts, can the stock bounce back after Q2 earnings?** — Shares of IDFC First Bank slipped 4% in early deals on Monday even as the lender reported Q2 earnings that met estimates. — [Source](https://www.businesstoday.in/markets/stocks/story/idfc-first-bank-oversold-on-charts-can-the-stock-bounce-back-after-q2-earnings-563601-2026-10-26)
- 2026-10-26 — MONEYCONTROL: **Price Action: IDFC First Bank sheds 3% as Goldman Sachs maintains 'neutral' rating; Jyoti Structures gains 10% on order win** — Price Action: IDFC First Bank sheds 3% as Goldman Sachs maintains 'neutral' rating; Jyoti Structures gains 10% on order win Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Tonbo Imaging share price UP Elections iPhone Duo Elon Musk Annamalai Piyush Goyal Donald Trump Sonam Wangchuk News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Fin — [Source](https://www.moneycontrol.com/news/business/markets/price-action-idfc-first-bank-sheds-3-as-goldman-sachs-maintains-neutral-rating-jyoti-structures-gains-10-on-order-win-14059703.html)
- 2026-10-26 — Mint: **Top stocks to buy: Adani Energy, AU Small Finance Bank, BPCL, IDFC First Bank — Jefferies sees up to 62% upside | Target** — Jefferies India report has predicted 33% upside in IDFC First Bank shares, and 35% upside in BPCL share price — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-buy-adani-energy-au-small-finance-bank-bpcl-idfc-first-bank-jefferies-sees-up-to-62-upside-target-11792982712174.html)
- 2026-10-26 — CNBC-TV18: **Q2 Results LIVE Updates: Infosys, Kotak Bank react to earnings; Tata Consumer, Paytm report today** — Q2 Results LIVE Updates: Tata Consumer Products, APL Apollo Tubes, Dalmia Bharat, ITC Hotels, Bank of Maharashtra, Mankind Pharma, Paytm, Nazara Tech, Kfin Tech, REC, Sona BLW, Indian Overseas Bank, Aegis Logistics, Aditya Birla Real Estate, are among the companies reporting their earnings today. Watch for all the LIVE updates. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-infosys-tata-consumer-kotak-au-sfb-paytm-rec-sona-blw-idfc-iob-bank-of-mah-aegis-abrel-torrent-sona-kfin-share-price-liveblog-20018894.htm)
- 2026-10-26 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty aims to protect lower levels amidst higher oil, expiries, results deluge** — Sensex Today | Stock Market LIVE Updates: Crude oil prices remain higher, the Fed announces its interest rate decision this week, geopolitical tensions remain elevated, there are nearly 250 companies reporting numbers this week, and both the Nifty and the Sensex will also be having their monthly expiries during the course of this week. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-nifty-50-sensex-today-oil-banks-it-midcaps-smallcaps-infosys-kotak-idfc-boi-tata-motors-bpcl-share-price-liveblog-20018878.htm)
- 2026-10-25 — Mint: **Bank Nifty tumbles nearly 3%, slips below 55k: More selling pressure ahead for banking stocks? Check key levels to watch** — Indian equities fell sharply during a four-session week as surging crude prices amid the West Asia crisis erased nearly ₹21 lakh crore in investor wealth. The Sensex dropped 2.15% and Nifty 50 2.36%, while Bank Nifty lost 2.79%, with analysts warning of continued technical weakness. — [Source](https://www.livemint.com/market/stock-market-news/bank-nifty-tumbles-nearly-3-slips-below-55k-more-selling-pressure-ahead-for-banking-stocks-check-key-levels-to-watch-11792920838777.html)
- 2026-10-25 — Economic Times: **IDFC First Bank Q2 profit nearly triples to Rs 1,045 crore** — IDFC First Banks Q2 net profit tripled to Rs 1,045 crore, supported by strong loan and fee growth. Net interest income rose 21%, while net interest margin declined to 5.6%. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/idfc-first-bank-q2-profit-nearly-triples-to-rs-1045-cr/articleshow/135182984.cms)
- 2026-10-24 — Times of India: **IDFC First Bank Q2 profit nearly triples to Rs 1,045 crore; loan assets rise 30%** — NEW DELHI: IDFC First Bank reported a 196.5 per cent year-on-year jump in profit after tax to Rs 1,045 crore in the September quarter of FY27, supported — [Source](https://timesofindia.indiatimes.com/business/india-business/idfc-first-bank-q2-profit-nearly-triples-to-rs-1045-crore-loan-assets-rise-30/articleshow/135175146.cms)
- 2026-10-24 — The Hindu: **IDFC First Bank Q2 profit jumps nearly three-fold to ₹1,045 cr** — IDFC First Bank's Q2 FY27 profit nearly triples to ₹1,045 crore, with higher income, improved asset quality, and strong digital deposit growth. — [Source](https://www.thehindubusinessline.com/money-and-banking/idfc-first-bank-q2-profit-jumps-nearly-three-fold-to-rs-1045-cr/article71620975.ece)
- 2026-10-24 — The Hindu: **IDFC First Bank Q2 PAT rises 197% to ₹1,045 crore on lower provisions** — IDFC First Bank posts Q2 PAT of ₹1,045 crore (up 197%), with strong NII growth, improved asset quality, and ₹34,390 crore FCNR(B) deposits sans branches. — [Source](https://www.thehindu.com/business/idfc-first-bank-q2-pat-rises-197-to-1045-crore-on-lower-provisions/article71620674.ece)
- 2026-10-24 — IANSLIVE.IN: **IDFC First Bank Q2 PAT falls 8.6 pc sequentially to Rs 1,049 crore** — New Delhi, Oct 24 (IANS) IDFC First Bank on Saturday posted an 8.59 per cent decrease in consolidated net profit quarter-on-quarter to Rs 1,049.17 crore in Q2 FY27 against Rs 1,147.82 crore in Q1 FY27. — [Source](https://ianslive.in/idfc-first-bank-q2-pat-falls-86-pc-sequentially-to-rs-1049-crore--20261024202212)
- 2026-10-24 — The Hindu: **Kotak Mahindra Bank, IDFC First PAT rise; Marginal dip in NIM on FCNR (B) inflows** — Kotak Mahindra Bank and IDFC First Bank post rising profits, NIM dips on FCNR(B) deposits; AU Small Finance Bank gains profit. — [Source](https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-idfc-first-pat-rise-marginal-dip-in-nim-on-fcnr-b-inflows/article71620665.ece)
- 2026-10-24 — The Hindu: **IDFC First Bank’s Q2FY27 net profit zooms 197% to ₹1,045 crore** — IDFC First Bank posts a 197% YoY rise in Q2FY27 standalone profit to ₹1,045 crore, driven by higher NII and other income, amid improving asset quality. — [Source](https://www.thehindubusinessline.com/money-and-banking/idfc-first-banks-q2fy27-net-profit-zooms-197-to-1045-crore/article71620620.ece)
- 2026-10-24 — MONEYCONTROL: **IDFC First Bank Q2 net profit jumps to Rs 1,044.6 crore** — IDFC First Bank Q2 net profit jumps to Rs 1,044.6 crore Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Tonbo Imaging share price UP Elections iPhone Duo Elon Musk Annamalai Piyush Goyal Donald Trump Sonam Wangchuk News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finan — [Source](https://www.moneycontrol.com/news/business/earnings/idfc-first-bank-q2-net-profit-jumps-to-rs-1-044-6-crore-14059216.html)
- 2026-10-24 — FREEPRESSJOURNAL.IN: **IDFC FIRST Bank Reports Q2 FY27 PAT Of ₹1,045 Crore, Deposits Up 25.9%; Earns 'BBB-' Rating** — IDFC FIRST Bank reported a 196.5% year-on-year rise in Profit After Tax (PAT) to ₹1,045 crore for the second quarter of fiscal year 2027. Total deposits increased by 25.9% year-on-year. — [Source](https://www.freepressjournal.in/business/idfc-first-bank-reports-q2-fy27-pat-of-1045-crore-deposits-up-259-earns-bbb-rating)
- 2026-10-18 — CNBC-TV18: **Q2 Results This Week: Bajaj Finance, Swiggy, Eternal among 100 companies report this truncated week** — A total of nearly 100 companies, including those part of the benchmark Nifty 50 index and the broader markets, will be reporting their results for the September quarter during the course of this week, which also happens to be a truncated one. Bajaj Finance, UltraTech, Infosys, Kotak Mahindra Bank, I — [Source](https://www.cnbctv18.com/photos/market/q2-results-this-week-bajaj-finance-infosys-swiggy-eternal-ireda-kotak-idfc-first-bank-jsw-steel-hpcl-bpcl-share-price-20014544.htm)
- 2026-10-05 — CNBC-TV18: **IDFC FIRST Bank Q2 Update: Loans rise 20%, deposits grow 17% YoY** — Shares of IDFC First Bank Ltd ended at ₹82.20, up by ₹1.88, or 2.34%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/idfc-first-bank-share-price-q2-update-loans-rise-20-deposits-grow-17-yoy-20004781.htm)
- 2026-09-30 — News18: **Why IDFC FIRST Bank's MD & CEO V Vaidyanathan Believes There Has Never Been A Better Time To Start Up In India** — While raising capital for IDFC FIRST Bank, Vaidyanathan watched prospective investors look beyond the pitch. — [Source](https://www.news18.com/business/economy/why-idfc-first-banks-md-ceo-v-vaidyanathan-believes-there-has-never-been-a-better-time-to-start-up-in-india-ws-l-10361656.html)
- 2026-09-30 — MONEYCONTROL: **Turning India’s Supply Chains Into A Network Of Trust: The OZU Story** — OZU, OZU Story, Supply Chain — [Source](https://www.moneycontrol.com/news/brand-connect/turning-india-s-supply-chains-into-a-network-of-trust-the-ozu-story-14042133.html)
- 2026-09-30 — MONEYCONTROL: **Why IDFC FIRST Bank's MD & CEO V. Vaidyanathan Believes There Has Never Been a Better Time to Start Up in India** — idfc — [Source](https://www.moneycontrol.com/news/brand-connect/why-idfc-first-bank-s-md-ceo-v-vaidyanathan-believes-there-has-never-been-a-better-time-to-start-up-in-india-14042119.html)
- 2026-09-29 — Times of India: **Haryana bank scam: ED searches 14 locations in Chandigarh, Mohali** — ED searched 14 sites in Chandigarh and Mohali in the Rs 650-crore Haryana bank fraud probe, focusing on alleged fund diversion via jewellers; Rs 211 crore attached. — [Source](https://timesofindia.indiatimes.com/city/chandigarh/haryana-bank-scam-ed-searches-14-locations-in-chandigarh-mohali/articleshow/134573326.cms)
- 2026-09-29 — Times of India: **Haryana fund scam: Bail plea of banker who cleared inflated interest rejected** — CBI court in Panchkula rejects bail for IDFC First Bank area head Shamim Ahmad Dar in Haryana Rs 593 crore fund transfer scam involving govt accounts. — [Source](https://timesofindia.indiatimes.com/city/chandigarh/haryana-fund-scam-bail-plea-of-banker-who-cleared-inflated-interest-rejected/articleshow/134572874.cms)
- 2026-09-29 — Mint: **How AI’s memory hunger is creeping into India’s inflation and import bill | Today News** — Rising global memory chip costs are driving up India’s tech import bill and consumer device prices, though low inflation weightage keeps the broader economic impact contained. — [Source](https://www.livemint.com/news/ai-memory-chips-chipflation-india-inflation-import-bill-smartphones-laptops-pen-drives-11790658517340.html)

## Business profile

**Strategic vision:** Builds a world-class institution through ethical, digital, and social good banking.

### Business segments
- **Retail Banking:** Offers savings accounts, personal loans, credit cards, NRI savings accounts, fixed deposits, and recurring deposits.
- **MSME Banking:** Provides current accounts, business loans, and working capital solutions for Micro, Small, and Medium Enterprises.
- **Rural Banking:** Offers banking services specifically catering to rural customers.
- **Startups:** Provides specialized financial solutions tailored for startup businesses.
- **Corporate Banking:** Includes corporate lending, cash management, supply chain finance, treasury, and NBFC financing.
- **Wealth Management:** Offers services focused on wealth creation and management for clients.
- **Government Banking:** Provides banking solutions designed for government entities.
- **Trade Finance:** Facilitates financial transactions related to domestic and international trade.

### Competitive strengths
- Ethical, digital, and social good banking principles
- Technology stack built on cloud-native, API-led, microservices architecture
- Focus on customer-centric 'pull products' with attractive features

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/idfcfirstb
Markdown representation: https://faxioms.com/stocks/idfcfirstb?render=md