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Business·27.04.2026AI özeti
IDFC First Bank's deposit growth slowed in Q4, but CEO V Vaidyanathan says it's temporary and already reversing
IDFC First Bank's deposit growth slowed to 17% YoY in Q4 from its usual 20%+ rate, as the bank deliberately cut deposit rates from 7% to 6.5%. CEO V Vaidyanathan says the slowdown was planned and is already reversing, with April showing strong deposit momentum. The bank aims to return to 20% annual deposit growth in FY27, while maintaining strong operating leverage with opex growing at 12.5% versus 19% balance sheet expansion. Credit costs improved to 1.65% in Q4, with expectations of further improvement in FY27.
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Economic Times