Crisil reaffirms ratings on IDFC First stock before October 24 results

Published on 10/20/2026 at 02:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September 30 loans rose 20.40 percent year over year to INR 313,864 crore. The October 24 results date gives IDFC First stock a near-term test.

Balance sheet and reporting calendar

September 30 loans rose 20.40 percent year over year to INR 313,864 crore.
Crisil reaffirmed ratings covering INR 160,000 crore of fixed deposits on October 17, 2026.
IDFC First Bank is scheduled to discuss its September 30 results on October 24, 2026.

IDFC First, INE092T01019, Illustration mit AI erstellt.

IDFC First stock (ISIN INE092T01019) was last quoted at INR 76.33 on the NSE on October 19, 2026 at 3:29 p.m. IST. The bank's latest disclosures combine a September business update with a credit-rating action before results scheduled for October 24, 2026.

On October 17, 2026, Crisil reaffirmed ratings covering INR 160,000 crore of fixed deposits, INR 8,000 crore of Tier II bonds and INR 45,000 crore of certificates of deposit, according to StockFin. The same filing cited gross nonperforming assets of 1.51 percent and capital adequacy of 15.10 percent.

September growth sets the baseline

The bank's official October 5, 2026 provisional update showed loans and advances of INR 313,864 crore for September 30, 2026, up 20.40 percent from a year earlier and 5.40 percent from June 30, 2026. Total deposits reached INR 323,697 crore, an increase of 17.00 percent year over year, while the CASA ratio rose to 51.30 percent from 50.10 percent, according to IDFC FIRST Bank.

The balance-sheet mix also changed during the second quarter of fiscal year 2027. Bulk rupee term deposits fell to 13.90 percent of total deposits from 17.10 percent in June 2026, while the average liquidity coverage ratio increased to 125.00 percent from 116.00 percent.

What comes on October 24?

The bank has scheduled discussion of its unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026, with an earnings call at 6:00 p.m. IST on October 24, 2026, as reported by ScanX. That disclosure will provide the next quantified test of asset quality, profitability and the bank's deposit strategy.

Stock level and market value

IDFC First Bank had a market capitalization of INR 658.2 billion and an NSE 52-week range of INR 58.08 to INR 89.61 as of October 19, 2026. Its last quoted NSE price was INR 76.33 on that date at 3:29 p.m. IST, placing the shares below the upper end of that range.

The bank's next dated catalyst is the October 24 results discussion. The figures to watch are the September quarter's loan growth, deposit mix and asset-quality ratios.