IDFC First Bank Reveal Quarter 3 Update

Looking For a Loan?

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Why Apply with Dialabank?

Compare across 18 Banks
Get Money in 30 Mins
Loan Amount Up to 5 Crore
Hassle-free Disbursal
Unbiased Experts Advice

IDFC First Bank Reveal Quarter 3 Update

On Wednesday, IDFC First Bank has reportedly enclosed an update for the quarter ended December 2020. IDFC First Bank has also shared trade at 7.68% higher at closing. Retail deposits of the Bank have been raised to 100% Y-o-Y and 18% Q-o-Q. 

Customer Deposits of the Bank has been raised to Rs. 77,289 Cr as on 31 December 2020 from Rs. 54,631 Cr as of 31 December 2019. This was calculated with Rs. 69,368 Cr as of 30 September 2020. 

Retail Deposits of the Bank has been raised to Rs. 58,435 Cr as on 31 December 2020 from Rs. 29,267 Cr as of 31 December 2019. 

Wholesale Deposits of the Bank has been dropped down to Rs. 18,854 Cr as on 31 December 2020 from Rs. 25,364 Cr as of 2019. This was Rs. 19,758 Cr as of 30 September 2020.

Top 20 Depositors have dropped down from 23.0% as of 31 December 2019 to 9.7% on 31 December 2020. This was 12.4% as of 30 September 2020. 

The Average CASA ratio registered 44.6% as compared to 20.9% for Q3 FY20 and 36.5% for Q2 FY21. 

Retail Funded Assets has raised to Rs. 66, 635 Cr as on 31 December 2020 from Rs. 53,685 Cr as on 31 December 2019. This was a position at Rs. 59,860 Cr as of 30 September 2020. 

Retail Funded Assets includes the PSL Buyouts where the underlying assets are retail in nature, constituting 64% of the overall Funded Assets on 31 December 2020.

The Overall Funded Assets of the Bank has raised to Rs. 1,10,499 Cr as on 31 December 2020 from Rs. 1,09,698 Cr as of 31 December 2019. This was at Rs. 1,06,828 Cr as on 30 September 2020.

NEED A LOAN?

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.


Latest News

Menu