IDFC First Bank’s customer assets, or advances, rose by 24.8 per cent year-on-year (YoY) basis at Rs 1.45 trillion at the end of September 2022 (Q2 FY23). Sequentially, its asset book expanded by 5.6 per cent over Rs 1.37 trillion at end of June 2022 (Q1 FY23).
The YoY growth in deposits was higher 35.9 per cent, standing at Rs 1.14 trillion at the end of September 2022. Deposits grew 10.8 per cent sequentially over Rs 1.02 trillion in June 2022, according to the private lender’s filing with BSE. The share of low-cost money—Current Account and Savings Account (CASA)—in deposits