Customer business and loan book grew over 20% year-over-year, with profit surpassing INR 1,000 crore for the first time. Asset quality and margins improved, leading to upgraded guidance for NIM (5.8%), credit cost (150-160 bps), and ROA (1%) for FY27.Based on IDFC First Bank Ltd. [IDFCFIRSTB] Q1 26…
Customer business and loan book grew over 20% year-over-year, with profit surpassing INR 1,000 crore for the first time. Asset quality and margins improved, leading to upgraded guidance for NIM (5.8%), credit cost (150-160 bps), and ROA (1%) for FY27.
Based on
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