July 7, 2021

Stocks In Action (IDFC Frist Bank)


 


IDFC First Bank reported its consumer deposits had increased in the April-June quarter of the financial year 2021-22. 

 IDFC First Bank's consumer deposits in the first quarter of the current fiscal year grew to 35.53% to ₹ 84,583 cr V/s  Rs 62,409 cr Y-o-Y.

IDFC First Bank's CASA ratio stood at 51.04% V/s 33.74% Y-o-Y.

The bank's consumer deposits grew 2.25% Q-o-Q, as it stood at Rs 82,725 cr in the January-March quarter of fiscal 2020-21.

IDFC First Bank registered gross funded assets of Rs113,434 cr in the quarter ending June 2021 (Q1FY22) rising by 9% Y-o-Y

However, the gross funded assets declined by 3.15% Q-o-Q.

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