IDFC FIRST Bank Merger and Performance Update
5d. Built a diversified & stable liabilities platform; proven ability to raise
retail deposits at scale
Increased retail deposits (INRbn) (1)
Foundation
Reduced certificate of deposits (INR bn)
Reduced wholesale deposits (INR bn) (2)
273
584
238
227
189
197
288
132
57
339
71
67
62
Mar 18
Mar 19
Mar 20
Dec 20
Mar 18
Mar 19
Mar 20
Dec 20
Mar 18
Mar 19
Mar 20
Dec 20
CASA as a % of total deposits (2)
11.5%
11.4%
48.3%
31.9%
Mar-18
Mar-19
Mar-20
Dec-20
Deposits <= INR50mn (3)
59.0%
37.0%
28.0%
Reduction in Top 20 Depositors (3)
42.0%
78.0%
34.3%
20.3%
9.7%
Mar-18
Mar-19
Mar-20
Dec-20
Mar 18
Mar 19
Mar 20
Dec 20
Pre-merger in erstwhile IDFC Bank
Post-merger in the merged entity, IDFC FIRST Bank
1.
Note: Metrics for FY18, FY19 and FY20 are not comparable due to the merger effective Dec 18, 2018
Indicate core deposits (Retail CASA and Retail TD)
3. As a % of total customer deposits
2.
Excluding deposits from NHB which are one-time/ temporary in nature and are considered as non-sustainable in nature with fluctuating balance
14
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