IDFC First Bank posted a strong fiscal fourth-quarter, with both loans and deposits representing over 20% growth from the year-ago period.

The private lender's total business grew 22.7% to Rs 4,84,394 crore as of 31 March 2025, from Rs 3,94,718 crore in the earlier year.

The loan book grew 20.3% to Rs 2,41,848 crore in the March quarter from Rs 2,00,965 crore in the earlier-year quarter. On a quarter-on-quarter (QoQ) basis, the growth stood at 4.7%.

Customer deposits rose 25.2% to Rs 2,42,546 crore as of 31 March 2025, from Rs 1,93,753 crore a year ago. On a sequential basis, the growth was 6.7%.

“The bank has been bringing down the credit-deposit ratio continuously since merger between IDFC Bank and Capital First in December 2018, by retiring legacy (pre-merger) bonds & borrowings and by scaling retail customer deposits. The incremental credit deposit ratio for trailing 12 months, i.e. from March 31, 2024 to March 31, 2025 is 75.7%,” the lender said in regulatory filing.