IDFC FIRST Bank: Quarterly Income and Business Overview
Key Metrics and our progress vis-à-vis Guidance provided at the time of the merger in Dec 2018
Particulars
Dec-18 (At merger)
Mar-19
Mar-20
Mar-21 (YoY %)
Guidance given at the time of
merger for FY24-FY25
Status
Retail Funded Assets
Rs. 36,236 Cr
Rs. 40,812 Cr
Rs. 57,310 Cr
Rs. 73,673 Cr (26%^)
Rs. 100,000 Cr
On Track
Retail as a % of Total Funded Assets
35%
37%
54%
63%
70%
On Track
ASSE
Wholesale Funded Assets
Rs. 56,809 Cr
Rs. 53,649 Cr
Rs. 39,388 Cr
Rs. 33,920 Cr (-14%)
< Rs. 40,000 Cr
On Track
- of which Infrastructure loans
Rs. 22,710 Cr
Rs. 21,459 Cr
Rs. 14,840 Cr
Rs. 10,808 Cr (-27%)
Nil in 5 years
On Track
Top 10 borrowers as % of Total
T
12.8%
9.8%
7.2%
5.9%
< 5%
On Track
S
Funded Assets (%)
GNPA (%)
1.97%
2.43%
2.60%
4.15%
2-2.5%
On Track
NNPA (%)
0.95%
1.27%
0.94%
1.86%
1.1.2%
On Track
Provision Coverage Ratio (%)
52%
48%
65%
55%
~70%
On Track
EARN
Net Interest Margin (%)
3.10%
2.61%
3.91%
4.98%
5-5.5%
On Track
Cost to Income Ratio (%) without
81.56%
82.74%
76.86%
78.79%
55%
On Track
trading gains
Return on Asset (%)
-3.70%
-1.33%
-1.75%
0.29%
1.4-1.6%
On Track
G
Return on Equity (%)
-36.81%
-11.64%
-17.10%
2.73%
13-15%
On Track
S
Quarterly Avg. LCR (%)
123%
120%
111%
153%
^ excluding the ECLGS portfolio of Rs. 1,687 crore as on March 31, 2021
Note: Earnings ratios are quarterly annualized for the quarter ended on Dec-18
"On Track" status represents that the Bank is progressing well on the parameter and in confident of achieving the guidance by the defined date
4
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