Profitability & Capital Adequacy Presentation

c. Cost to Income Ratio Section 9: Profitability & Capital Bank has reduced Cost to Income ratio from 95% to 72% in 4 years • During the last three years the bank had to make significant investments in building liabilities and credit card franchise • Despite this, the cost income ratio has come down from 95% to 72% because of the strong incremental unit economics at the bank which is allowing the bank to make the investments to build the Bank. . Cost to income will further come down with scale 95.1% 85.2% Core Cost to Income (excluding Trading Gains) Ratio % 78.8% 76.9% 77.8% 72.5% 72.3% Q2 FY19 H2 FY19 FY20 FY21 FY22 FY23 (Pre-Merger) 58 H1 FY24 IDFC FIRST Bank

View entire presentation