Highlights of Q3 FY22 Results
Key Strengths of IDFC FIRST Bank
11. Diversified business lines
Section 1: Executive
Summary for Q3 FY22
We are a full-service bank. Our lending is diversified over millions of customers and over many business lines including Home Loans, Loan
against property, business loans, gold loans, credit cards, small business working capital loans, bank guarantees, trade finance, etc. No
business except wholesale loans are > 15% of the overall loan book. Similarly, on the liabilities and fee businesses side, we have a complete
array of deposits, payment products, Fleet card, wealth management, distribution of insurance, mutual funds etc. We provide high quality
corporate banking services and Cash management solutions.
12. Strong growth opportunities
In virtually all our businesses, across assets, deposits, and fee businesses, we have huge scope for growth. India is hugely underserved in
financial services. Our opportunities for growth have increased substantially as we have started providing prime low-risk prime home loans
and new auto loans where the market is larger.
13. Successful Track record
The senior management has a track record of turning around and building successful institutions. Our senior management earlier turned a
loss-making real-estate financing NBFC and converted it to a large diversified highly profitable institution with significant increase in
shareholder value.
14. An employee friendly organisation
We believe in meritocracy. We provide our employees with growth opportunities, empowerment, training, digital tools and capabilities to
be able to make a difference. For employees affected by COVID wave 1, wave 2 and currently Omicron, we offer the most generous COVID
welfare program.
10
IDFC FIRST
BankView entire presentation