IDFC First Bank targets 20% deposit growth again as credit costs cool and momentum returns

Published on 27 April 2026

April deposits signal a fast reversal from Q4

IDFC First Bank CEO V Vaidyanathan says the bank’s Q4 deposit growth slowdown was intentional and temporary, with April data already showing strong momentum. He remains confident of hitting 20% annual deposit growth in FY27, while credit costs trend lower and operating expenses stay under control. The CEO also indicated no West Asia impact yet.

Deposit growth slowdown in Q4 was deliberate and already reversing
April data shows strong momentum toward 20% FY27 growth
Credit costs are falling alongside controlled operating expenses
No West Asia impact detected so far

#deposit growth #credit costs #banking #idfc first bank #fy27

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IDFC First Bank targets 20% deposit growth again as credit costs cool and momentum returns

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