IDFC FIRST Bank Merger and Performance Update
Executive summary
1 FOUNDING OF IDFC FIRST BANK - Merger between erstwhile IDFC Bank and erstwhile Capital First in December 2018
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ERSTWHILE IDFC BANK HISTORY AND TRACK RECORD – Demerged infrastructure portfolio from IDFC Limited into IDFC Bank
ERSTWHILE CAPITAL FIRST HISTORY AND TRACK RECORD NBFC with specialization of financing consumers and MSMEs
EMINENT BOARD AND MANAGEMENT TEAM
PROGRESS SINCE MERGER IN DEC-18: BUILT A STRONG FOUNDATION
a A culture of customer first, innovation, collaboration, action oriented, empowered, integrity, trust and transparency
b Bouquet of loans, savings accounts, fixed deposits, insurance, investments, wealth management, forex services, credit cards products
Built a strong branch network (576 branches, 541 ATMs) (1)
d Built a stable liabilities platform (CASA ratio: 48% (2), retail deposits: INR584bn, retail deposits (<=INR 50mn): 78% (3), top 20 depositors:
<10% of customer deposits) (1)
e Built a diversified and strong retail lending book (Diversified across more than 8mn customers)
f Building digital capabilities
ASSET QUALITY
a
NPA at Bank level
Proactive identification and provision on stressed accounts
NPA of retail loans
Robust acquisition, underwriting, portfolio management, fraud checks, collections capabilities
FINANCIAL RESULTS
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SUMMARY: Strong foundation built; well positioned for growth
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1. As of Dec 31, 2020
3. % of total customer deposits
2.
% of total deposits
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IDFC FIRST
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