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The Economic Times
The Economic Times
Business
Debaroti Adhikary

IDFC First Bank Q1 update: Loan book grows 21% YoY to Rs 3.05 lakh crore; shares rise 2%

IDFC First Bank

IDFC First Bank on Friday reported a 20.6% year-on-year (YoY) rise in loans and advances to Rs 3.05 lakh crore for the April-June quarter of the ongoing financial year 2027, pushing the stock nearly 2% higher.

The company released its provisional numbers for Q1 FY27. While loans and advances grew nearly 21% YoY from Rs 2.53 lakh crore in the corresponding quarter of the previous financial year, they rose over 5% quarter-on-quarter (QoQ) from Rs 2.90 lakh crore reported in the previous quarter (Q4FY26).

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