NSE:IDFCFIRSTB 21 October 2025 - 8 January 2026

Shares of IDFC First Bank rose on Thursday after the lender cut savings account interest rates by up to 200 basis points and reshuffled balance slabs from Jan. 9. The stock was up nearly 2% at about 86 rupees by 10:45 a.m. IST, after climbing around 3% from the day’s low. Moneycontrol The move lands at a touchy time for banks that have been paying up for deposits. IDFC First has leaned on a high savings rate to pull in money, and any sign that funding costs are starting to ease tends to get noticed fast.

IDFC First Bank’s stock has been on a tear, soaring about 7% in a single session after the lender delivered stellar Q2 FY2025-26 results. On October 20, the share price hit approximately ₹77 – its highest level in nearly 11 months – as investors cheered a 75% jump in quarterly profitmoneycontrol.com. This upbeat earnings surprise sparked a rally that far outpaced the broader market and peer banks. In fact, IDFC First was the top gainer among major private lenders following the Q2 results: its ~5–7% surge on the day eclipsed gains in Yes Bank and HDFC Bank, while ICICI Bank’s shares fell ~2.5% despite that bank posting profit growthlivemint.com. The exuberant reaction has brought IDFC First’s stock within touching distance of its 52-week high of around ₹78.5business-standard.combusiness-standard.com, prompting investors to ask – what’s driving this bank’s outperformance, and can it continue? The trigger for the latest rally was IDFC First Bank’s strong July–September earnings, which handily beat street expectations. Net profit surged to ₹352.3 crore, up 75.5% year-on-year, fueled by robust core operating performancemoneycontrol.com. The bank’s net interest income – essentially income from lending after interest expenses – rose to ₹5,113 crore, marking ~6.8% YoY growthmoneycontrol.com. Total interest earned grew