IDFC FIRST Bank Merger and Financial Overview
NPA in Infrastructure book is high, but constituted only 5.2% of the Total
Funded Assets as on March 31, 2022.
Asset Quality
GNPA
NNPA
Infrastructure
15.65%
ā%
15.83%
20.07%
I
I
21.64%
I
11.58%
11.76%
I
5.76%
9.84%
9.89%
4.69%
1.23%
1.35%
Dec-19
(Pre-Covid)
Mar-21
(Post Covid 1.0)
Jun-21
(Covid 2.0)
Sep-21
(Covid 2.0)
Dec-21
(Covid 3.0)
Mar-22
PCR%*
74.64%
77.66%
41.13%
41.67%
47.87%
51.73%
*Includes technical write-offs
book continues to
Infrastructure
decline as planned.
The infrastructure book has shrunk
from Rs. 22,710 crores at merger to
just Rs. 6,891 crore. The GNPA has
gone up primarily due to decline in the
Infra book during the quarter.
Excluding the Mumbai-based toll
account, the GNPA and NNPA of the
Infrastructure Finance would be 9.70%
and 1.62% respectively with Provision
coverage Ratio of 84.6%.
47
IDFC FIRST
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