IDFC First Bank has posted 20.6% growth in customer deposits at Rs 1,02,363 crore for the first quarter ended June 30, 2022 (Q1FY23) as compared to Rs 84,893 crore in Q1FY22. Gross Funded Assets stood at Rs 1,37,685 crore at the end of the first quarter of 2022-23. CASA Ratio stood at 50.3% as of June 30, 2022 as compared to 48.4% as of March 31, 2022.
CASA Deposits stood at Rs 56,794 crore as of June 30, 2022, posting a 22.3% rise in year-on-year (YoY) terms against Rs 46,439 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 51,170 crore in March 2022.
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.