Capital First Strategy, Loan Growth and Profitability Trends
Section 4: The Bank has made rapid progress in retailization of Liabilities. Retail liabilities
now comprise 76% of customer deposits, up from 27% at merger.
.
The Bank recognises that large institutional deposits pose concentration risk to the Bank.
•
Hence, the Bank is focused for retailization of the liabilities which is reflected in the growth in its Core Deposits.
Such Deposits are sticky and sustainable in nature in comparison to institutional borrowings.
We are happy to report that the Bank has increased the Core Deposits (Retail CASA + Retail Term Deposits) as a % of Total Customer Deposits of the
Bank as on December 31, 2020 to 76% as on December 31, 2020 from 27% as on December 31, 2018 (merger quarter).
Core Deposits (Retail CASA + Retail TD)
Other Deposits
Total Customer Deposits (Excl. CD)
Rs. 28,370 Cr
Rs. 36,196 Cr
Rs. 38,455 Cr
Rs. 40,504 Cr
Rs. 54,631 Cr
Rs. 57,719 Cr
Rs. 69,368 Cr
Rs. 77,289 Cr
80%
Mar-18
20%
75%
Sep-18
25%
73%
27%
67%
33%
46%
54%
41%
59%
28%
Dec-18
Mar-19
Dec-19
Mar-20
Sep-20
Section 4: Update on Liabilities
72%
24%
Dec-20
76%
40
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