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IDFC First Bank’s customer deposits rise 36% in Q1FY22

06 Jul 2021 Evaluate

IDFC First Bank’s customer deposits aggregated to Rs 84,583 crore as of June 30, 2021 (Q1FY22), a growth of around 35.53% over Rs 62,409 crore as of June 30, 2020 and a growth of around 2.25% over Rs 82,725 crore as of March 31, 2021.

The Bank’s CASA deposits aggregated to approximately Rs 46,449 crore as of June 30, 2021, a growth of around 97.73% over Rs 23,491 crore as of June 30, 2020 and grew by 1.29% over Rs 45,896 crore as of March 31, 2021. The Bank’s Average CASA ratio stood at around 50.27% as of June 30, 2021, as compared to 32.00% as of June 30, 2020 and 50.23 % as of March 31, 2021.

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

Peers
Company Name CMP
HDFC Bank 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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