IDFC First Bank reported a 17.2% growth in deposits to Rs 2.84 lakh crore as of 31 March 2026 compared to Rs 2.43 lakh crore a year ago.

The bank’s loans and advances grew 20% to Rs 2.90 lakh crore as of 31 March 2026 compared to Rs 2.42 lakh crore a year ago.

The average customer deposits increased by 3% on a sequential basis. 

“The bank opened as many new accounts during March 2026 as the prior months, indicating stability. We expect growth in deposits to strengthen from Q1 of FY27 onwards,” the private lender said.

The CASA (current account savings account) ratio improved to 49.8% as of 31 March 2026 compared to 46.9% a year ago. Average CASA ratio was stable at 50.4% for Q4 of FY26 as against 50% in the preceding quarter.

“The customer deposits increased during the quarter despite headwinds, including year-end advance tax outflows, tight liquidity environment, news flow about the incident reported during the quarter, prevailing West Asia crisis over a month and reduction of interest rates on savings accounts between 50 to 200 basis points in key buckets during Q4-FY26,” IDFC First Bank said. 

The bank’s average liquidity coverage ratio (LCR) for the fiscal fourth-quarter ended March 2026 was stable at 114%.

The bank’s asset quality of the microfinance institution (MFI) book returned to normalcy, the lender said. Asset quality in the rest of the portfolio continued to remain stable. 

All figures remain provisional and subject to audit by the bank's statutory auditors, the lender said.