IDFC First Bank Limited mobilised an estimated Rs 341 billion in FCNR(B) deposits, equal to 10.9% of deposits with a potential 6.18% spread on loans funded by them, according to Nomura. Nomura expects a 12% fiscal 2028 pretax earnings upgrade, the biggest among covered banks, and names IDFC First Bank a preferred mid-tier lender.

IDFC First Bank mobilised a gross amount of $3.57 billion from NRI customers under the RBI's FCNR(B) swap window. Shares of IDFC First Bank rose 2.83 per cent to Rs 87.50 as bank stocks gained on record system-wide FCNR(B) inflows.

IDFC First Bank Limited delivered about 9.3% CAGR since V Vaidyanathan took charge in December 2018 after the IDFC Bank-Capital First merger, with stock doubling over his tenure. The article said Vaidyanathan shifted the bank toward retail with a targeted 70:30 retail-wholesale mix, and gross NPA fell from 3.7% in March 2022 to 1.6% in March 2026 while legacy wholesale GNPA fell from 7.2% to 2.2%.

IDFC First Bank Limited was named by Nomura as a preferred pick within mid-tier banks following the close of the Reserve Bank of India's FCNR(B) scheme with $127.2 billion in inflows, which the brokerage expects to support loan growth momentum before moderating to 15% YoY by FY27.

IDFC First Bank is rapidly expanding its gold loan portfolio and could compete with established gold lenders, according to the Motilal Oswal Financial Services Morning India report on the Rs 18.6 trillion gold loan market.

IDFC First Bank Limited was named in a CBI chargesheet filed before a special court in Panchkula, where the CBI alleged three of its officials - Shamim Ahmed Dar, Sudha Goyal and Kuldeep Singh - conspired with six Haryana IAS officers and others to misappropriate Rs 504 crore of Haryana government funds by transferring money into specific branches of IDFC First Bank and AU Small Finance Bank in violation of Finance Department guidelines and diverting it to unrelated third parties.