Capital First Investor Presentation September 2018
Our approach to building IDFC FIRST Bank (2/3)
Approach to build IDFC FIRST Bank
High Asset
Quality
In retail we have a track record of 12 years of maintaining our Gross NPA and Net NPA at around 2% and 1%
respectively. During this period we have experienced multiple stress-tests, including economic slowdown
(2010-2014), Demonetization (2016), GST implementation (2017), ILFS crisis (2018), Covid (2020-21) but our
portfolio asset quality has remained high. Currently, our Gross NPA is 1.53% and Net NPA is 0.52% (June 30,
2023)
Strong
Profitability
Despite significant setup investments in our bank to address the issue of CASA and retail deposits, we've seen
a strong rise in our PAT since the merger, increasing from near-zero to US$ 297 Mn in FY23. In Q1-FY24, the
Bank has posted PAT of US$ 93 Mn. This is largely due to our strong incremental profitability.
Technology
The bank is committed to investing in a modern and adaptable technology architecture that will support its
future growth. This investment includes developing advanced capabilities for all areas of the Universal Bank
such as controls, deposits, assets, cash management services, wealth management, an advanced app etc.
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IDFC FIRST
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