IDFC FIRST Bank Merger and Financial Overview
We are happy to say that the Bank is performing well on the guidance given at the
time of the merger.
Executive Summary
for FY22
Particulars
Dec-18
(At merger)
Guidance for FY24-FY25
Retail and Commercial Book
Rs. 36,927 Cr
Rs. 100,000 Cr
Mar-22
Latest quarter
Rs. 95,377 Cr (26%)
Retail and Commercial Book as a % of Total Funded Assets
35%
70%
72%
Wholesale Funded Assets¹
Rs. 56,770 Cr
< Rs. 40,000 Cr
Rs. 30,567 Cr (-8%)
ASSETS
A
- of which Infrastructure loans
Rs. 22,710 Cr
EARNINGS
Top 10 borrowers as % of Total Funded Assets (%)
GNPA (%)
NNPA (%)
Provision Coverage Ratio³ (%)
Net Interest Margin (%)
Cost to Income Ratio² (%)
Return on Asset (%)
Return on Equity (%)
12.8%
Nil in 5 years
< 5%
Rs. 6,891 Cr (-36%)
3.7%
1.97%
2-2.5%
3.70%
0.95%
1.1.2%
1.53%
53%
~70%
70%
3.10%
5-5.5%
6.27%
81.56%
55%
76.18%
-3.70%
1.4-1.6%
0.77%
-36.81%
13-15%
6.67%
1. Excluding Security Receipts, Loan converted into Equity, RIDF and PTC.
2. Excluding Trading Gains
3. Including technical write-offs.
Earnings for Dec-18 and Mar-22 are for the quarter. () brackets represent YoY growth. Retail and Commercial Book and Wholesale Funded assets are Gross of Inter Bank Participation Certificate.
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IDFC FIRST
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