Awards & Recognitions
Our Digital Initiatives
Significant traction on electronic platforms
RTGS & NEFT
payments through CMS
solutions up by 30% YoY (vol.)
FASISQ
12.3 mn+
FASTag issued since
launch
96%
Of the overall
transactions are
digital
Credit Card Spends:
Growth of 118% YoY
3
ום
Ranked 4th
Bharat Bill Payment
System (BBPS): amongst
30 biller operating units
UPI Transactions: Growth of
~139% over the last year and
by ~18% over the last quarter
1.5 mn+
Credit cards issued since
launch in January 2021
POS Transactions (FY23):
(Vol): 33% growth YoY
(Value): 59% growth YoY
Section 5: Products & Digital Innovations
•
IDFC FIRST Bank has been
chosen as one of the first 8 Bank
to conduct pilot of Central Bank
Digital Current (CBDC).
The Bank has already recorded
many Retail & Wholesale
transactions through CBDC.
19
IDFC FIRST
BankView entire presentation