IDFCFIRSTB
IDFC First Bank Limited
NSELast Traded Price
₹71.32
-0.28 (-0.39%)
Open
₹71.81
High
₹73.08
Low
₹70.51
Prev Close
₹71.48
Industry
Private Sector Bank
Market Cap
61291.20 Cr
Filing History
Recent corporate announcements and filings for IDFCFIRSTB
Business Update
Positive
2026-05-27 15:20
IDFC FIRST Bank received ₹514.82 crore under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme for its microfinance portfolio. This amount is expected to be a write-back of provisions previously made. Additionally, ~97% of new microfinance loan originations from January 2024 onwards are now covered by the CGFMU Scheme, reducing future credit risk.
Ownership
Neutral
2026-05-25 16:17
IDFC FIRST Bank announced the allotment of 2,594,143 equity shares of ₹10/- each to eligible employees who exercised their stock options under the ESOS on May 25, 2026. This allotment increases the bank's issued and paid-up equity share capital from ₹86,08,31,49,320/- to ₹86,10,90,90,750/-.
Business Update
Neutral
2026-05-22 17:44
IDFC FIRST Bank announced a schedule of analyst and institutional investor meetings from May 27, 2026, to June 8, 2026. The meetings include participation in conferences by 360 ONE Capital, BofA Securities, Nomura, Morgan Stanley, Citi, ICICI Securities, and Nuvama. The Bank will use its Q4-FY26 Investor Presentation for these meetings.
Business Update
Positive
2026-05-16 12:43
ICRA re-affirmed the rating and outlook for IDFC FIRST Bank's debt instruments (Basel III Tier II Bonds and Infrastructure Bonds) totaling ₹ 12,520 Crore at ICRA AA+/Stable. Ratings for matured non-convertible debentures (NCDs) amounting to ₹ 3,883.70 crore were withdrawn due to full redemption. A fraud incident in Q4 FY2026 led to a one-off cost, but the bank addressed it, and the overall outlook remains stable.
Ownership
Positive
2026-05-05 18:36
On May 05, 2026, IDFC FIRST Bank allotted 55,02,631 fully paid-up equity shares of ₹10/- each to eligible employees who exercised their stock options under the Employee Stock Option Scheme (ESOS). Post-allotment, the Bank's issued and paid-up equity share capital increased from ₹86,02,81,23,010 to ₹86,08,31,49,320.
Business Update
Negative
2026-04-30 20:03
CRITICAL RED FLAG DETECTED
Management guided for FY27 NIM to remain stable around 5.75%, Opex growth of 13-14% (with Q1 higher), and a lower credit cost of 170-180 bps. Top-line growth (NII + Fee) is projected at 18-18.5%, with loan and deposit growth expected around 20% (QoQ for deposits from Q1 FY27). The MFI book is also expected to grow 15-20%. The bank anticipates improved ROA, targeting 1%, driven by reduced 'liability drag' and lending business ROA of 1.5-1.6%. A one-off fraud incident (post-tax impact of ₹480 Cr) and a trading loss significantly impacted Q4 FY26 reported PAT; however, the bank addressed the fraud swiftly and expects underlying performance improvements to continue. Management plans to raise additional capital by year-end/early next year.
Routine
Neutral
2026-04-27 13:27
IDFC FIRST Bank on April 27, 2026, allotted 6,05,941 equity shares of ₹10/- each to eligible employees under its ESOS. This increased the bank's issued and paid-up equity share capital from ₹86,02,20,63,600 to ₹86,02,81,23,010.
Business Update
Neutral
2026-04-26 11:58
IDFC FIRST Bank announced the audio recording of its Q4-FY26 earnings call, held on April 25, 2026, is available online. The call discussed the audited financial results for the quarter and financial year ended March 31, 2026.
Governance
Positive
2026-04-25 17:40
IDFC FIRST Bank's Board approved the annual grant of 3,50,00,000 equity stock options for FY 2025-26. Mr. Pankaj Singh was appointed as Chief Human Resources Officer (CHRO) effective April 27, 2026, succeeding Mr. Adrian Andrade who will transition to strategic projects.
Financials
Positive
2026-04-25 16:53
The Board of Directors recommended a dividend of ₹0.25/- (2.50% of face value) per equity share for the Financial Year 2025-26, subject to shareholder approval.
Financials
Positive
2026-04-25 16:13
CRITICAL RED FLAG DETECTED
Consolidated Core Operating Profit ₹1,492Cr vs ₹1,618Cr (▼7.8% YoY), Normalized PAT ₹746Cr vs ₹304Cr (▲145.3% YoY). The bank fully expensed out ₹483Cr post-tax for a fraud incident in Q4 FY26.
Financials
Negative
2026-04-25 16:09
CRITICAL RED FLAG DETECTED
Standalone Revenue ₹12,182.81Cr vs ₹11,308.35Cr (▲7.73% YoY), Operating Profit (EBITDA proxy) ₹1,058.54Cr vs ₹1,811.61Cr (▼41.57% YoY), PAT ₹318.94Cr vs ₹304.08Cr (▲4.88% YoY). Operating Profit Margin 8.69% vs 16.02% (▼733bps). The Bank reported a fraud involving embezzlement of ₹645.59 Cr charged as an expense for the quarter.
Financials
Neutral
2026-04-22 12:32
IDFC FIRST Bank has rescheduled its earnings call for the quarter and financial year ended March 31, 2026. The call will now be held on Saturday, April 25, 2026, at 05:00 p.m. IST, where senior management will discuss the financial results.
Financials
Neutral
2026-04-21 17:12
IDFC FIRST Bank announced an earnings call on April 25, 2026, at 06:00 p.m. IST, to discuss the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Dial-in details are provided.
Routine
Neutral
2026-04-17 19:47
New Filing detected. See link for details.
Business Update
Positive
2026-04-15 18:34
IDFC FIRST Bank's Nomination & Remuneration Committee approved granting 17,30,000 stock options to eligible new employees under its ESOP scheme. The options vest equally over four years with a three-year exercise period, aiming to incentivize and attract talent.
Ownership
Positive
2026-04-13 12:12
IDFC FIRST Bank allotted 5,07,112 equity shares to employees on April 13, 2026, upon exercise of stock options under its ESOS. This increased the bank's paid-up equity share capital from ₹86,01,69,92,480 to ₹86,02,20,63,600.
Routine
Neutral
2026-04-08 17:47
New Filing detected. See link for details.
Financials
Positive
2026-04-03 16:55
IDFC FIRST Bank's Q4 FY26 update shows Loans & Advances grew 20.0% YoY to ₹2,90,362 Cr, and Customer Deposits increased 17.2% YoY to ₹2,84,327 Cr. CASA Ratio improved to 49.8% from 46.9% YoY. Asset quality normalized for MFI.
Governance
Neutral
2026-03-27 18:22
IDFC FIRST Bank will hold a Board Meeting on April 25, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window for designated persons remains closed.
Ownership
Neutral
2026-03-23 15:42
On March 23, 2026, IDFC FIRST Bank allotted 4,90,588 equity shares of ₹10 each to employees exercising stock options under its ESOS. This increased the issued and paid-up equity share capital from ₹86,01,20,86,600 (8,60,12,08,660 shares) to ₹86,01,69,92,480 (8,60,16,99,248 shares).
Governance
Neutral
2026-03-18 17:29
IDFC FIRST Bank has issued a Notice of Postal Ballot for the re-appointment of Mr. S. Ganesh Kumar as an Independent Director. Remote e-voting will be open from March 19, 2026, to April 17, 2026. Results will be announced on or before April 21, 2026.
Business Update
Neutral
2026-03-13 15:57
IDFC FIRST Bank intimated an Investor Conference on March 18, 2026, with Morgan Stanley Virtual India Financials Seminar. The virtual meeting will utilize the Q3-FY26 Investor Presentation, previously uploaded on the Company's website.
Business Update
Negative
2026-03-13 13:55
CRITICAL RED FLAG DETECTED
IDFC FIRST Bank clarified news articles regarding CREST, stating that the amount mentioned is already settled and there is no additional financial liability for the bank. The bank has completed reconciliation for its Chandigarh Branch. However, law enforcement actions may continue as part of an ongoing legal and recovery process.
Ownership
Positive
2026-03-12 18:30
IDFC FIRST Bank allotted 2,016,620 equity shares (₹10 face value) on March 12, 2026, to employees upon ESOS exercise. This increased the Bank's issued and paid-up share capital from 8,59,91,92,040 to 8,60,12,08,660 equity shares.
Business Update
Negative
2026-03-10 09:09
CRITICAL RED FLAG DETECTED
Bank paid an incremental ₹55 Cr (total ₹645 Cr) for Chandigarh branch claims, confirming containment and pursuing perpetrators. Deposits rose to ₹2,92,381 Cr by Feb 28, 2026, from ₹2,91,133 Cr (Dec 31, 2025). LCR is comfortable at 114%, with anticipated growth.
Business Update
Neutral
2026-03-05 13:57
IDFC First Bank announced a schedule of investor and analyst meetings/conferences from March 09-12, 2026, including an Investor Conference with J.P. Morgan India Forum and a Financial Tour, following the Q3-FY26 Investor Presentation.
Business Update
Negative
2026-02-24 15:13
CRITICAL RED FLAG DETECTED
IDFC FIRST Bank paid ₹583 crore to Haryana Government related to an ongoing fraud investigation, committing to recover dues. The bank reported strong customer business growth (▲22.6% YoY) and good asset quality, anticipating improved profits from FY'27 after its investment phase.
Governance
Negative
2026-02-23 20:20
CRITICAL RED FLAG DETECTED
IDFC First Bank clarified that recent share price movement was due to a fraud identified and announced on Feb 21, 2026, not news about de-empanelment. The bank has appointed KPMG for a forensic audit into the matter, disclosed on Feb 22, 2026.
Business Update
Negative
2026-02-23 18:51
CRITICAL RED FLAG DETECTED
Transcript of IDFC FIRST Bank's conference call on February 23, 2026, discussing a ₹590 crore fraud incident in a Chandigarh branch involving employee connivance. Employees are suspended, KPMG is conducting a forensic audit, and police complaints have been filed.
Routine
Neutral
2026-02-23 15:14
New Filing detected. See link for details.
Business Update
Neutral
2026-02-23 11:41
IDFC FIRST Bank announced the availability of the audio recording of its conference call with analysts and investors, which was held on February 23, 2026. The recording has been made available on the bank's website.
Business Update
Negative
2026-02-22 20:48
CRITICAL RED FLAG DETECTED
IDFC First Bank announced that it has appointed KPMG to initiate an independent forensic audit, pursuant to its earlier disclosure regarding the process of appointing an external agency for this purpose.
Business Update
Neutral
2026-02-22 19:52
IDFC FIRST Bank announced a conference call on Monday, February 23, 2026, at 08:00 a.m. IST. Senior management will discuss recent developments. Dial-in details and a pre-registration link are provided in the filing.
Governance
Negative
2026-02-22 00:10
CRITICAL RED FLAG DETECTED
IDFC FIRST Bank detected unauthorized fraudulent activities by certain employees at its Chandigarh branch, involving Haryana Government accounts, with approximately ₹590 crore under reconciliation. Four officials are suspended. The bank initiated a forensic audit, filed a police complaint, and is pursuing legal actions.
Ownership
Neutral
2026-02-14 14:08
IDFC FIRST Bank's Board approved the allotment of 14,47,385 equity shares of face value ₹10/- each to eligible employees on February 13, 2026, upon exercise of stock options under the ESOS, increasing the paid-up equity share capital.
Ownership
Positive
2026-02-11 19:04
RBI granted approval to ICICI Prudential Asset Management Company Limited and its group entities to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights of IDFC FIRST Bank Limited, subject to conditions including acquiring major shareholding within one year.
Business Update
Positive
2026-02-05 23:37
IDFC First Bank's Q3 FY26 earnings call transcript details the bank's 7-year progress post-merger. It highlights reducing cost of funds from 7.8% to 6.11%, significant deposit growth over ₹2 lakh crores, improved credit-deposit ratio, and stable asset quality with low NPAs, signifying strong financial improvements.