IDFC First Bank has posted 35.9% growth in customer deposits at Rs 1,14,004 crore (provisional) for second quarter ended September 30, 2022 (Q2FY23) as compared to Rs 83,889 crore in Q2FY22. Funded Assets stood at Rs 1,45,322 crore (provisional) as of September 30, 2022, as compared to Rs 1,16,470 crore in Q2FY22, i.e. up by 24.8%.
CASA Ratio stood at 51.34% (provisional) as of September 30, 2022 as compared to 50.04% as of June 30, 2022. CASA Deposits stood at Rs 63,378 crore (Provisional) as of September 30, 2022, posting a 37% rise in year-on-year (YoY) terms against Rs 46,269 crore as of September 30, 2021.
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
