How has been the historical performance of IDFC First Bank?

Answer:The historical performance of IDFC First Bank shows significant growth in various financial metrics over the years.

Breakdown:
IDFC First Bank has demonstrated a consistent increase in interest earned, rising from 17,172.68 crore in March 2022 to 36,501.49 crore in March 2025. This growth is primarily driven by interest on advances, which reached 30,834.52 crore in March 2025, up from 14,174.01 crore in March 2022. The bank's total income also saw a substantial rise, climbing from 20,394.72 crore in March 2022 to 43,523.20 crore in March 2025. Despite the increase in interest expended, which grew from 7,466.52 crore in March 2022 to 17,209.52 crore in March 2025, the net interest income improved significantly from 9,706.16 crore to 19,291.97 crore over the same period. Profit before tax fluctuated, peaking at 3,855.32 crore in March 2024 before dropping to 1,900.12 crore in March 2025, while profit after tax also saw a decline from 2,956.51 crore in March 2024 to 1,524.85 crore in March 2025. The bank's total assets increased from 1,90,278.62 crore in March 2022 to 3,44,140.51 crore in March 2025, reflecting a robust growth trajectory. Additionally, deposits surged from 1,05,634.36 crore in March 2022 to 2,52,065.25 crore in March 2025, indicating strong customer confidence. The capital adequacy ratio remained healthy, standing at 15.48% in March 2025, while the provision coverage ratio was 72.3%. Overall, IDFC First Bank's financial performance illustrates a trajectory of growth and resilience in the banking sector.