Annual Report- 2025-2026

IDFCFIRSTBANK/SD/109/2026-27 August 08, 2026 National Stock Exchange of India Limited BSE Limited Mumbai 400 051 Mumbai 400 001 NSE Symbol: IDFCFIRSTB BSE Scrip Code: 539437 Sub: Notice of Annual General Meeting (“AGM”) and the Integrated Annual Report of IDFC FIRST Bank Limited (“Bank”) for the Financial Year 2025-26. Dear Sir/Madam, Pursuant to the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the 12th AGM of the Members of the Bank is scheduled to be held on Monday, August 31, 2026 at 02:00 p.m. (IST) through Video-Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in compliance with the applicable provisions of the Companies Act, 2013 and the Rules made thereunder, read with relevant circulars issued in this regard by the ‘Ministry of Corporate Affairs’ and the ‘Securities and Exchange Board of India’ (collectively referred as “the Relevant Circulars”). In terms of the applicable provisions of law and the Relevant Circulars, the Notice for the AGM along with the Integrated Annual Report of the Bank for FY 2025-26 is being sent to all those Members of the Bank, who have registered their e-mail addresses with the Bank’s Registrar and Transfer Agent (“RTA”) or with their respective Depository Participant(s). The details about the manner of registering / updating e-mail addresses, casting vote through electronic means (remote e-voting / e-voting) and attending the AGM through VC / OAVM have been set out in the Notice of the AGM. In this regard, please find enclosed herewith the Notice of 12th AGM and the Integrated Annual Report of the Bank for FY 2025-26. The same is also made available on the website of the Bank at the following link: ➢ Notice of 12th AGM of the Bank ➢ Integrated Annual Report of the Bank for FY 2025-26 Kindly take the above on record. Thanking You, Yours Faithfully, For IDFC FIRST Bank Limited Satish Gaikwad General Counsel and Company Secretary Encl.: As Above IDFC FIRST Bank Limited Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500 Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu. Tel: +91 44 4571 6477 CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com | Website: www.idfcfirst.bank.in IDFC FIRST Bank Limited Integrated Report 2025-26 IDFC FIRST Bank Limited CIN: L65110TN2014PLC097792 Corporate Office IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra. Tel: +91 22 7132 5500 Registered Office KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu. Tel: +91 44 4571 6477 Email: bank.info@idfcfirstbank.com Website: www.idfcfirst.bank.in Vision To Build A World Class Bank in India with Principles of Ethical, Digital & Social Good Banking Contents Corporate Overview Standalone Financial Statements Key Highlights 02 Independent Auditor’s Report 203 Chairman’s Statement 26 Balance Sheet 214 MD & CEO’s Statement 28 Profit & Loss Account 215 Executive Director’s Statement 34 Cash Flow Statement 216 In the Press 35 Schedules 218 Our Brand 38 Notes 243 Corporate Social Responsibility 60 Consolidated Financial Statements ESG (Integrated Reporting) 84 Board of Directors 108 Independent Auditor’s Report 311 Balance Sheet 324 Statutory Reports Profit & Loss Account 325 Directors’ Report 114 Cash Flow Statement 326 Management Discussion and Analysis 141 Schedules 328 Corporate Governance Report 162 Notes 352 Key Highlights Performance Snapshot The Bank has built a strong foundation for the future Numbers mentioned below are as on March 31, 2026, unless specified otherwise. 2,83,747 2,94,475 ` crore ` crore Loans & Advances Total Deposits `2,36,647 crore `2,52,065 crore March 31, 2025 March 31, 2025 1.61 0.48 Gross NPA at Overall Bank Level Net NPA at Overall Bank Level 1.87% 0.53% March 31, 2025 March 31, 2025 1.47 0.56 Gross NPA for Retail, Agri and MSME Net NPA for Retail, Agri and MSME 1.70% 0.62% March 31, 2025 March 31, 2025 • Loan Assets of `2,90,278 crore including Loans and Advances (`2,83,747 crore) and Credit Substitutes like NCDs, PTCs, etc. (`6,531 crore); up 20% YoY 70.5 49.8 Provision Coverage Ratio CASA Ratio 72.3% 46.9% March 31, 2025 March 31, 2025 15.60 47,352 % ` crore Capital Adequacy Ratio Net Worth (Shareholders’ Funds) 15.48% `38,078 crore March 31, 2025 March 31, 2025 1,636 55.05 Profit After Tax for FY 2025-26 Book Value Per Share `1,525 crore `52.00 FY 2024-25 March 31, 2025 Profit after Tax (PAT) includes the impact of the fraud incident reported during the Q4 FY 2025-26, excluding this PAT would be `2,119 crore in FY 2025-26 1,147 1,050 Branches ATMs 1,002 1,041 March 31, 2025 March 31, 2025 • Numbers above are as on/for the year ended March 31, 2026, unless specified otherwise. 1 A Universal Banking App for a r sa Universal Bank e l INDIA’S MOST-LOVED BANK APP THRICE IN A ROW! Bank Bank App in India App Globally By Forrester By Forrester 4.9 4.8 r sa Treasury & Retail Forex Solutions Lending Transaction SME Banking & CMS Lending Corporate Deposits & Lending Accounts Supply Chain NRI Banking Financing Trade Finance Wealth Solutions Management FASTag Credit Cards Advancing Infrastructure Building a Strong Banking Network 1,147 1,050 Branches ATMs Across the country, serving customers through an Providing convenient self-service banking across extensive banking network key locations 6,627 Micro-ATMs Strengthening the Bank's presence in deeper geographies and promoting greater financial inclusion Building Green and Sustainable Infrastructure Regional Character into the Workplace & local artisan: our workplaces Overall, 36% of IDFC FIRST Bank’s premises are green‑certified, celebrate the unique identity of each region, fostering a deeper sense covering a total area of 14,09,998 sq. ft. of belonging and employee engagement as we actively collaborate with local artisans and craftsmen for design & décor. As part of our climate action agenda, 15 offices covering Dedicated In-house Learning Hubs with fully equipped tech 14,38,860 sq. ft. have achieved ISO 14001: Environmental infrastructure reducing the dependency on external training infra. Management System (EMS) certification. Prestigious Green Champion Award at the CII IGBC Green Building Congress 2025, recognized as the ‘Leader in the Financial Sector with the Highest Number of Green Bank Branches in India’, received by Adrian Andrade and Radhika Shenoy. Customer Service Delivering Exceptional Customer Service At IDFC FIRST Bank, customer experience is shaped by a clear commitment to trust, transparency and responsible banking. Every product, process and interaction is designed to serve customers better, protect their interests and make banking simpler, faster and more meaningful. The Bank puts this commitment into action through the following priorities: Ethical Banking Inbuilt in Product Design Resolve with Empathy Keep All Channels Open First Contact Closure Fix the Root Cause Through these efforts, IDFC FIRST Bank continues to build a customer-centric banking ecosystem where needs are understood, expectations are met, and trust is strengthened with every interaction. Customer Service: Our Prime Focus Loan Center Bank Branch Contact Center WhatsApp Mobile Banking App Customer Service across All Channels Website Email 1 A strong Customer Deposits franchise Total Customer Deposits = Retail Customer Deposits + Wholesale Customer Deposits (Excludes Certificate of Deposits) Total Customer Deposits (`crore) 2,84,453 Retail Wholesale 2,42,543 % 60,554 R : 1,93,753 G 51,275 7 42,410 1,36,812 93,214 32,942 82,725 1,91,268 2,23,899 1,51,343 57,719 25,180 (Pre Merger) 18,831 38,455 40,504 28,370 1,03,870 23,795 63,894 68,035 28,055 27,289 22,677 33,924 5,693 10,400 13,214 Mar-18 Dec-18 Mar- [Showing first 8,000 characters — download PDF for full document]