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IDFC First Bank reports 12% rise in customer deposits in Q4FY22

04 Apr 2022 Evaluate

IDFC First Bank has posted 12.6% growth in customer deposits at Rs 93,138 crore for the fourth quarter ended March 31, 2022 (Q4FY22) as compared to Rs 82,725 crore in Q4FY21. Gross Funded Assets stood at Rs 132,067 crore at the end of the fourth quarter of 2021-22. CASA Ratio stood at 48.7% as of March 31, 2022 as compared to 51.7% as of March 31, 2021.

Average CASA for the quarter was 49.3%. Average LCR for Q4 FY22 was 135%. The Bank’s CASA deposits aggregated to Rs 51,407 crore as of March 31, 2022, a growth of around 12% over Rs 45,896 crore as of March 31, 2021 and a growth of 7.4% over Rs 47,859 crore as of December 31, 2021.

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

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Company Name CMP
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