IDFC FIRST Bank Merger Performance and Strategy Update slide image

IDFC FIRST Bank Merger Performance and Strategy Update

b. Total Customer Deposits Deposits: Strong growth in Total Customer Deposits Section 5: Deposits & Borrowings Total Customer Deposits (Retail Deposits + Wholesale Deposits) has grown strongly by 4 Year CAGR (Mar-19 to Mar-23) of 36%. The Bank has 824 branches as of June 30, 2023. YoY-Jun-23 vs Jun-22 ā†‘44% QoQ-Jun-23 vs Mar-23^ ā†‘ 10% Driven by granular deposits from retail segment 4-Year CAGR: 36% 1,36,812 in Rs. crore 1,48,474 57,719 38,455 40,504 28,370 82,725 93,214 31 Mar 18 (Pre-Merger) 31 Dec 18 (At Merger) 31 Mar 19 31 Mar 20 31 Mar 21 31 Mar 22 31 Mar 23 30 Jun 23 ^ Excluding the outflow of Rs. 2,131 crore from one large government banking current account (as already called out in Q4-FY23 results) 22 IDFC FIRST Bank
View entire presentation