IDFC First Bank Share Jumps 5.53% – Find Out Why

IDFC First Bank Share Jumps 5.53% – Find Out Why

On 3rd April 2025, the IDFC First Bank share price increased by 5.53%, which is closing at INR 60.35, recent decline in profits. Investors are happy about the bank's long-term growth. Here are some reasons behind this jump:

Loan Growth and Strong Customer Deposit

Even with bank profits, they showed stable growth in their business:

  • Customer deposits: where the up is 28.8% year-on-year to INR 2,27,316 crore as of 31st December 2024.
  • Loan & Advances: This increased 22% year-on-year to INR 2,13,074 crore.

IDFC First Bank Positive Market Opinion

Here are the two positive opinions:

  • Banking sector growth: There is a positive outlook for the banking industry, which may have contributed to the stock rise.
  • Institutional Investors: So this is a big investors that is showing confidence in the bank sector.

Profit Decline Didn’t Shake Investor Trust

Q3 profit decline, where the bank's net profit fell by 53% to INR 339 crore, compared to INR 716 crore last year. The reason behind this is the lower lending in micro-finance and the higher provisions. So the investor sentiment seems to be betting on the bank's long-term potential.

The New Business Expansion

This bank has recently received approval to manage the pension payments for the central government retirees, so this move is expected to bring i more customers and deposits.

Also, check: Vodafone Idea Shares Jump 19.12% to ₹8.10 – Find Out Why

Conclusion

In conclusion, IDFC First Bank's share price jumps signal investor positivity despite short-term challenges, with strong deposits and the long growth, and with this, a new business opportunity. So the bank's future looks profitable, and the investor will be watching for the further development of the company.

About the Author

Saniya

I'm a finance content writer with a BBA in FinTech, passionate about simplifying money matters for everyday Indians. I break down complex topics like investments, savings, and digital finance into easy, relatable content. My goal is to help you in a way that’s easy to understand, jargon-free, and actually useful in real life.

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