Awards & Recognitions

a. CASA Deposits Section 6: Deposits & Borrowings CASA Ratio stable at ~ 50% We reduced deposit rates in 2021 from 7% earlier to 4% up to Rs. 10,00,000. Yet, our deposit growth continues to be strong based on strong service levels and image as a clean ethical institution. Without the Rs. 2,131 crore current account mobilized in March 2023 from Government Banking client as mentioned earlier, the CASA Ratio would be 49.0% as of 31-Mar-23. 11.5% 11.4% 8.7% 31 Mar 18 (Pre-Merger) 31.9% 51.7% 49.8% 48.4% 31 Dec 18 31 Mar 19 31 Mar 20 31 Mar 21 31 Mar 22 31 Mar 23 (At Merger) 25 IDFC FIRST Bank

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