IDFC FIRST Bank Mobilizes $3.57 Billion in NRI Deposits

IDFC FIRST Bank Limited mobilized approximately $3.57 billion, or roughly ₹33,975 crore, in foreign currency deposits from Non-Resident Indian customers. The bank gathered these funds through the FCNR(B) swap window provided by the Reserve Bank of India.

As of June 30, 2026, these foreign currency deposits represented approximately 11% of the bank's total deposit base. During the same period, the bank's IFSC Banking Unit facilitated approximately $2.60 billion, or roughly ₹24,720 crore, in lending.

The reported figures are provisional and unaudited. The bank calculated the Indian Rupee equivalents based on exchange rates as of August 31, 2026.