Profitability & Capital Adequacy Presentation
Section 1: Vision
Culture @ IDFC FIRST Bank
There is a push from the regulator
towards financial inclusion and they insist
on high asset quality at the same time. It is
more possible to address this paradox today
than before because India has created
a unique digital infrastructure, including
credit bureaus, biometrics, e-KYC...
(Annual Report 2022-23)
the my
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We share with our employees that income
from customers enters our homes through are bu
salary, incentives, or stock appreciation, and
hence should be ethically earned. Where we
charge, the fee structure should be easy to
understand. When explained this way, the rank
and file become sensitive about how we design simple
our products, terms & conditions, and how and Contr
what they sell.
(Annual Report 2022-23)
Risk, F
We are building a solid foundation
for the long run. I request you to be
patient and stay with us in the journey
of building this institution. If we hurry,
we will make mistakes.
(Annual Report 2022-23)
RP In summary, we are building a world class bank with high levels of corporate governance, good
risk management practices, consistent growth of 20-25% with high asset quality, contemporary
technology, customer friendliness, a positive work culture and can reach high teens ROE in a
sustainable manner. We are making steady progress in this direction.
MD and CEO message to employees and shareholders
(Annual Report 2022-23)
LO
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IDFC FIRST
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