Quarterly Result3 Apr 2025, 04:55 pm
IDFC First Bank Ltd Reports 22.7% YoY Growth in Total Business for Q1 2025
AI Summary
IDFC First Bank Ltd has reported a significant growth in its total business, loans and advances, and customer deposits for the quarter and year ended March 31, 2025. The total business grew by 22.7% YoY, loans and advances by 20.3% YoY, and customer deposits by 25.2% YoY. The bank has also been continuously bringing down its Credit-Deposit Ratio since the merger between IDFC Bank and Capital First in December 2018.
Key Highlights
- Total Business grew by 22.7% YoY
- Loans & Advances grew by 20.3% YoY
- Customer Deposits grew by 25.2% YoY
- CASA Deposits increased by 24.8% YoY
- Credit-Deposit Ratio brought down to 93.8%