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IDFC First Bank clocks 10% loan growth in Q2 at Rs 117,243 crore

IDFC First Bank on Tuesday said it has posted 9.75 per cent growth in advances at Rs 117,243 crore for the second quarter ended September 30, 2021

IDFC First Bank
The bank's deposits also rose 20.8 per cent year-on-year to Rs 83,793 crore in the quarter under review
Press Trust of India New Delhi
1 min read Last Updated : Oct 05 2021 | 8:04 PM IST

IDFC First Bank on Tuesday said it has posted 9.75 per cent growth in advances at Rs 1,17,243 crore for the second quarter ended September 30, 2021.

Gross Funded Assets stood at Rs 1,06,828 crore at the end of the second quarter of 2020-21, it said in a regulatory filing.

The bank's deposits also rose 20.8 per cent year-on-year to Rs 83,793 crore in the quarter under review from Rs 69,368 crore in the same period a year ago, it said.

The bank's low-cost deposits -- current account and saving deposits (CASA) -- stood at 51.9 per cent of the total liabilities during the quarter.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :IDFC First BankloansQ2 resultsbank deposits

First Published: Oct 05 2021 | 8:03 PM IST

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