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MoneyWorks4Me

IDFC First Bank’s customer deposits rise 11% in Q3

07 Jan 2021 Evaluate

IDFC First Bank’s customer Deposits increased to Rs 77,289 crore as on December 31 2020 from Rs 54,631 crore as on December 31, 2019 (YoY growth of 41%). This was Rs 69,368 crore as on September 30, 2020 (QoQ growth of 11%). Retail Deposits (CASA and Term Deposits) of the Bank increased to Rs 58,435 crore as on December 31, 2020 from Rs 29,267 crore as on December 31, 2019 (YoY growth of 100%). This was Rs 49,610 crore as on September 30, 2020 (QoQ growth of 18%).

IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.

Peers
Company Name CMP
HDFC Bank 699.50
ICICI Bank 1385.25
Axis Bank 1209.00
Kotak Mahindra Bank 458.00
Indusind Bank 836.35
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