Profitability & Capital Adequacy Presentation
Our Digital Initiatives
Significant traction on electronic platforms
RTGS & NEFT
payments through CMS
solutions up by 11% YoY (vol.)
FASISQ
95%
Of the overall
transactions are
digital
15.0 mn+
FASTag issued since
launch
Credit Card Spends
(H1FY24):
Growth of 64% YoY
3
ום
Ranked 3rd
Bharat Bill Payment
System (BBPS): amongst
30 biller operating units
UPI value: Growth of ~63%
over the last year
1.9 mn+
Credit cards issued since
launch in January 2021
POS Transactions (Q2FY24):
(Vol): 30% growth YoY
(Value): 29% growth YoY
Section 5: Products and Services
•
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.
22
IDFC FIRST
BankView entire presentation