Capital First Investor Presentation September 2018
a. CASA Deposits
Section 5: Deposits & Borrowings
CASA Deposits - Bank has a demonstrated capability to grow CASA deposits
In May 2021, we reduced deposit rates for balances upto Rs. 10 lacs by 300 bps from 7% to 4%. Despite this, our CASA deposit growth continues
to be strong, growth of 27% YOY as of 30 June 2023.
The Bank provides high levels of customer service and is a brand with a reputation as a clean and ethical institution, which has helped us grow our
deposit base.
YoY-Jun-23 vs Jun-22
ā27%
QoQ-Jun-23 vs Mar-23^
ā 3%
Driven by granular retail CASA
4-Year CAGR: 74%
6,240
5,597
963
676
643
2,520
8,778
Mar-22
Mar-23
Mar-18
(Pre-Merger)
Dec-18
(At Merger)
Mar-19
Mar-20
Mar-21
^ Excluding the outflow of US$ 260 Mn from one large government banking current account (as already called out in Q4-FY23 results)
23
in US$. Million
8,752
Jun-23
IDFC FIRST
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