IDFC First Bank Mobilizes $3.57B from NRI Deposits via FCNR(B) Window

IDFC First Bank has successfully mobilized a gross amount of approximately USD 3.57 billion (₹33,975 crores) from Non-Resident Indian (NRI) customers through the Reserve Bank of India's FCNR(B) swap window. This mobilization represents about 11% of the bank's total deposit base as of June 30, 2026. Additionally, the bank's IFSC Banking Unit (IBU) facilitated lending of approximately USD 2.60 billion (₹24,720 crores) during the same period. The figures for FCNR(B) mobilization are provisional and unaudited. The INR equivalents are based on the exchange rate prevailing as of August 31, 2026.