IDFC First Bank has reported an impressive performance in its Q3 FY25 business update, showcasing strong growth across key metrics. Total business grew by 25.2% year-on-year to ₹4,58,213 crore, with advances rising by 21.9% and customer deposits increasing by 28.8%.
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The bank’s CASA ratio stood at a healthy 47.8%, reflecting a strong deposit base. These figures highlight the bank’s focus on sustainable growth and efficient liquidity management.
You can access the detailed business update on IDFC First Bank’s Q3 FY25 performance
here.
IDFC First Bank has reported a robust performance in its business update for the quarter ended December 31, 2024. Key highlights include:
- Total Business Growth: The bank’s total business expanded by 25.2% year-on-year (YoY) to ₹4,58,213 crore, up from ₹3,65,000 crore in the same quarter of the previous year
- Advances: Loans and advances increased by 21.9% YoY to ₹2,30,947 crore, with a sequential growth of 3.7% compared to the previous quarter.
- Customer Deposits: The bank saw a 28.8% YoY rise in customer deposits, reaching ₹2,27,266 crore, and a quarterly growth of 2.2%.
- CASA Deposits: Current Account Savings Account (CASA) deposits grew by 32.3% YoY to ₹1,13,091 crore. The CASA ratio improved to 47.8% from 46.8% a year ago, though it slightly declined from 48.9% in September 2024
- Credit-Deposit Ratio: The bank’s credit-deposit ratio improved to 95.7%, down from 101.4% a year earlier, indicating enhanced liquidity management
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1: Introduction to IDFC First Bank’s Growth Trajectory
- Overview of the bank’s performance in recent quarters.
- Focus areas: customer-centric approach, deposit growth, and balanced credit management
2: Key Highlights of Q3 FY25 Business Update
- Total Business Growth: Expansion to ₹4,58,213 crore, a 25.2% YoY increase
- Loan Book Performance: Advances rose by 21.9% YoY to ₹2,30,947 crore
- Deposits Surge: Customer deposits grew by 28.8% YoY to ₹2,27,266 crore.
3: CASA Ratio and Liquidity Management
- Analysis of CASA deposit growth (32.3% YoY) and its impact on operational efficiency.
- CASA ratio trends: 47.8% in Q3 FY25, highlighting improved deposit quality.
4: Credit-Deposit Ratio Improvement
- Reduction in credit-deposit ratio to 95.7%, signifying better liquidity and risk management.
- Strategic initiatives for balancing credit and deposits.
5: Outlook and Strategic Goals
- Future growth areas: digital transformation, retail expansion, and customer engagement
- Projections for sustained growth and profitability.
6: Conclusion
- Recap of Q3 FY25 achievements and their significance for stakeholders.
- Vision for the upcoming quarters in FY25.
