Highlights of Q3 FY22 Results

Q3-FY22 results - Asset Quality Asset Quality Parameters improved during the quarter Particulars Dec-21 QoQ Change (in bps) Retail & Commercial Loans GNPA 2.92% (53) NNPA 1.28% (37) Corporate GNPA 2.52% (33) NNPA 0.39% (45) Infrastructure GNPA 20.07% 424 NNPA 11.58% 169 Total GNPA 3.96% (31) NNPA 1.74% (35) Comments Section 5D: Asset Quality The Gross and Net NPA of the Bank has come down significantly by 109 bps since Mar-21. We expect this to further come down to ~2% and ~1% in due course. The Provision Coverage Ratio stood at 57% as on December 31, 2021. The quality of the accounts which are getting added incrementally to the Corporate book is excellent. The PCR% on NPA Book stood at 85% as on December 31, 2021. The legacy infrastructure book is already reduced to 6.6% of the total funded assets from 21.7% since merger. We feel that there are no significant legacy accounts that would bother us going forward. At Bank Level, the Provision Coverage Ratio stood at 57%. Excluding the one toll account where we expect to recover our dues, and gross of technical write-offs, our PCR would have been 75%. 59 IDFC FIRST Bank

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