IDFC First Bank News

Yes Bank's shares experienced a 2% surge following the Competition Commission of India's (CCI) approval for Sumitomo Mitsui Banking Corporation's (SMBC) proposed stake acquisition. SMBC will acquire the stake through a secondary purchase from State Bank of India and seven other Indian banks. The completion of the transaction is still subject to customary closing conditions.

Allotment of 16,24,470 equity shares pursuant to exercise of ESOP

YES Bank shares show recovery signs after RBI approved Sumitomo Mitsui Banking Corporation's stake purchase. While the deal is expected to bring capital infusion and expertise, analysts remain cautiously optimistic, citing structural challenges and resistance levels. Technical indicators suggest a potential upside, but broader trends and regulatory conditions warrant careful consideration for investors.

Yes Bank share price: Yes Bank said that the Reserve Bank of India (RBI) has cleared Sumitomo Mitsui Banking Corporation’s (SMBC) plan to acquire a significant minority stake in the lender. However, the regulator clarified that SMBC will not be categorised as a promoter post this deal. The Japanese banking major aims to increase its holding in Yes Bank to 20% through a secondary market purchase.

The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation's (SMBC) acquisition of up to 24.99% stake in Yes Bank, though SMBC won't be classified as a promoter. This follows SMBC's plan to increase its holding to 20% through a secondary purchase from State Bank of India and seven other shareholders.

Intimation of Change in Senior Management

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Platinum Invictus B 2025 RSC Ltd

Update on Fund Raise- Allotment of 43,71,85,666 CCPS to Platinum Invictus B 2025 RSC Limited

Kindly refer the enclosed Intimation regarding Schedule of Institutional Investor Meeting

The planned investment of around Rs 2,624 crore will give the investor an estimated 5.09% stake in IDFC First Bank’s post-issue paid-up share capital. The acquisition will be carried out via a preferential issue, which received shareholder approval on May 17, 2025.

The market experienced a decline, reversing the gains from the prior session, resulting in a loss of approximately one percent. Tata Motors' Q1 consolidated net profit decreased by 63%, while ICICI Bank raised the minimum balance for new savings accounts. Voltas reported a 58% YoY drop in net profit due to weather conditions.

Approval received by Platinum Invictus B 2025 RSC Limited from RBI in relation to its proposed Investment in the Bank.

Allotment of 12,17,474 equity shares pursuant to exercise of ESOP.

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Currant Sea Investments B.V.

The Nomination and Remuneration Committee has approved grant of ESOP to eligible employees of the Bank under IDFC FIRST Bank - ESOS. Enclosed herewith is a detailed disclosure in this regard.

IDFC First Bank first cleared a preferential allotment of over 81.26 crore shares, equating to a 10% stake in the company in April this year. The capital raised is aimed at fueling the bank’s upcoming growth initiatives.

Update on Fund Raise - Allotment of 81,26,94,772 CCPS to Currant Sea Investments B.V.

Earnings Call Transcript for Q1FY26

Indian banking stocks rebounded sharply on Thursday, led by ICICI and Kotak Bank, as markets discounted US tariff concerns. Nifty Bank index swung from a 600-point drop to end in positive territory amid hopes of trade negotiations with the US.

Kindly refer the enclosed intimation regarding Schedule of Institutional Investor Meeting.

India's top private banks saw a slowdown in profit growth. Combined net profit reached ₹43,641 crore in the June quarter. This is a 2.7% increase, lower than the previous year. Sluggish credit and deposit growth impacted performance. Treasury gains helped support profitability. Some banks like Axis Bank and Kotak Mahindra Bank experienced subdued results.

Outcome of 11th Annual General Meeting.

Scrutinizer''s Report of the 11th Annual General Meeting.

Allotment of 4,11,445 Equity Shares pursuant to exercise of ESOP.

IDFC First Bank share price will be in focus after Q1 FY26 net profit declined 32% YoY to Rs 463 crore. While PAT rose sequentially and deposits surged, NIM fell amid asset mix changes. Motilal Oswal maintained a ‘Neutral’ rating with a Rs 80 target.

Indian markets closed lower for the fourth consecutive week amid mixed signals. Several companies like IndusInd Bank and Adani Green remained in focus due to Q1 results. IDFC First Bank, Kotak Mahindra Bank, and SBI Cards reported profit declines. Tata Chemicals saw a significant profit increase. Alembic Pharma received US FDA approval.

Link of Audio Recording of Earnings Call for Q1-FY26

Investor Presentation - Q1 FY 2025-26

Press Release - Financial Results Q1 FY 2025-26.

Unaudited Standalone and Consolidated Financial Results of the Bank for the quarter ended June 30, 2025.

IDFC First Bank's first quarter of fiscal year 2026 reveals a mixed financial performance. While the profit after tax declined by 32% year-over-year to ₹463 crore, the net interest income experienced a growth of 5.1%, reaching ₹4,933 crore. However, on a quarter-on-quarter basis, the PAT grew significantly by 52.1%.

IDFC First Bank is expected to report weak Q1 FY26 results with 31–68% YoY PAT decline due to NIM compression, high credit costs, and interest reversals. Loan and deposit growth may remain strong, but profitability faces pressure. The estimates of Emkay Research, ICICI Securities, Axis Securities and Nuvama Institutional Equities have been taken into consideration.

India Inc's Q1 FY26 earnings season intensifies, with 95 companies set to report results this week. Key players on the radar include Infosys, Zomato, UltraTech Cement, Paytm, Bajaj twins, Nestle India, and Kotak Mahindra Bank. The action kicks off July 21 with firms like CRISIL, Havells, and UltraTech. Market sentiment may hinge on these earnings.

Kindly refer the attachment for Earnings Call - June 30, 2025.

The Nomination and Remuneration Committee has approved grant of ESOP to eligible employees of the Bank under IDFC FIRST Bank - ESOS 2015. Enclosed herewith is a detailed disclosure in this regard.

Allotment of 6,64,030 Equity Shares pursuant to exercise of ESOP.

UBS starts covering IDFC First Bank with a neutral rating, setting a target price of Rs 85. The brokerage sees challenges in profitability due to high costs. Stable net interest margins and sector support are expected to aid growth. IDFC First Bank shares traded lower on the Bombay Stock Exchange. The bank declared an interim dividend after seven years.

Investors seeking dividend payouts should note that July 10 is the last day to buy shares of BHEL and 27 other companies to qualify. These companies, including Apollo Tyres and Shriram Finance, have set July 11, 2025, as the record date. Stocks will trade ex-dividend from tomorrow.

Certificate in terms of Regulation 74 (5) of SEBI (DP) Regulations, 2018

The Reserve Bank of India (RBI) will conduct a ₹1 lakh crore variable rate reverse repo (VRRR) operation to manage liquidity. This move aims to align the weighted average call rate (WACR) and TREPS rate within the liquidity adjustment facility (LAF) corridor. The operation, scheduled for Wednesday, will be reversed on Friday, July 11.