IDFC FIRST Bank: Quarterly Income and Business Overview
Key Metrics and our progress vis-à-vis Guidance provided at the time of the merger in Dec 2018
Particulars
Net-worth
P
CET - 1 Ratio
Dec-18 (At Merger)
Mar-19
Mar-20
Mar-21 (YoY %)
Guidance given at the time of
merger for FY24-FY25
Status
Rs. 18,736 Cr
Rs. 18,159 Cr
Rs. 15,343 Cr
Rs. 20,808 Cr (36%)^
16.14%
15.27%
13.30%
15.62%^
T
A
Capital Adequacy (%)
16.51%
15.47%
13.38%
16.32%^
L
CASA Deposits
Rs. 5,274 Cr
Rs. 7,893 Cr
Rs. 20,661 Cr
Rs. 45,896 Cr
CASA as a % of Deposits (%)
8.68%
11.40%
31.87%
51.75%
A
30% (FY24),
50% thereafter
Achieved
B
Average CASA Ratio (%)
8.39%
9.40%
27.72%
50.23%
Core Deposits as a % of Total
8.04%
9.49%
27.76%
47.51%
50%
On Track
Deposits & Borrowings
Branches (#)
206
242
464
Customer Deposits <=5 crore
31%
37%
59%
596
800-900
On Track
82%
80%
On Track
(% of Customer Deposits)
E
Top 20 Depositors
S
40%
35%
20%
8%
~5%
On Track
concentration (%)
Certificate of Deposits
Rs. 22,312 Cr
Rs. 28,754 Cr
Rs. 7,111 Cr
Rs. 5,964 Cr
On Track
^ Including fresh equity capital raise of Rs. 3000 crore in April 2021. Without the additional capital, the total CRAR and CET-1 ratios are 13.77% and 13.27% respectively as on March 31, 2021.
"On Track" status represents that the Bank is progressing well on the parameter and in confident of achieving the guidance by the defined date
3
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