IDFC First Bank Ltd 2021 AR2
The report highlights IDFC FIRST Bank's progress during the fiscal year 2020-21, focusing on its transition from infrastructure financing to retail banking. Key achievements include a 122% growth in CASA deposits, reaching a CASA ratio of 51.75%, and a 29% growth in retail assets. The bank also launched its credit card business with dynamic interest rates and implemented extensive COVID-19 relief measures, including the employee-funded 'Ghar Ghar Ration' program. Additionally, the bank expanded its CSR initiatives under the 'First Impact' brand, touching over 41 lakh lives since inception.
Company: IDFC First Bank Ltd
Sector: Finance & insurance
Country: India
Year: 2021
Type: AR2
Pages: 275
Back to company
IDFC First Bank Ltd
Annual Report
The report highlights IDFC FIRST Bank's progress during the fiscal year 2020-21, focusing on its transition from infrastructure financing to retail banking. Key achievements include a 122% growth in CASA deposits, reaching a CASA ratio of 51.75%, and a 29% growth in retail assets. The bank also launched its credit card business with dynamic interest rates and implemented extensive COVID-19 relief measures, including the employee-funded 'Ghar Ghar Ration' program. Additionally, the bank expanded its CSR initiatives under the 'First Impact' brand, touching over 41 lakh lives since inception.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees