IDFC First Bank says microfinance stress is under control as deposit rates likely stay flat

Published on 27 April 2026

Deposit rates won’t rise soon despite recent cuts

IDFC First Bank expects no immediate rise in deposit rates after recent cuts, signaling stability on funding costs. The lender says microfinance stress is now under control while it concentrates on growth across mortgage, vehicle and consumer loans. It also plans to expand rural banking and its priority sector loan book, alongside technology and mobile app investments for future growth.

Deposit rates likely to remain unchanged in the near term
Microfinance portfolio stress is said to be under control
Growth focus: mortgage, vehicle and consumer loans
Rural banking, priority sector lending and tech investments prioritized

#deposit rates #lending #banking #idfc first bank #microfinance

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IDFC First Bank says microfinance stress is under control as deposit rates likely stay flat

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