IDFC First Bank Ltd 2022 AR2
The report highlights IDFC FIRST Bank's financial and operational performance for the fiscal year 2021-22, emphasizing its transition toward a sustainable, digital, and customer-first banking model. The bank achieved a significant milestone with its core operating profit growing by 44% to ₹2,753 crore, driven by strong retail deposit growth and asset diversification. On the ESG front, the bank integrated sustainability into its business strategy, receiving green building certifications and expanding its financial inclusion efforts to serve over 6 million rural customers. Additionally, the bank's CSR division, FIRST IMPACT, aligned its initiatives with seven UN Sustainable Development Goals, benefiting over 9.3 million individuals through education, livelihood, and health programs.
Company: IDFC First Bank Ltd
Sector: Finance & insurance
Country: India
Year: 2022
Type: AR2
Pages: 288
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IDFC First Bank Ltd
Annual Report
The report highlights IDFC FIRST Bank's financial and operational performance for the fiscal year 2021-22, emphasizing its transition toward a sustainable, digital, and customer-first banking model. The bank achieved a significant milestone with its core operating profit growing by 44% to ₹2,753 crore, driven by strong retail deposit growth and asset diversification. On the ESG front, the bank integrated sustainability into its business strategy, receiving green building certifications and expanding its financial inclusion efforts to serve over 6 million rural customers. Additionally, the bank's CSR division, FIRST IMPACT, aligned its initiatives with seven UN Sustainable Development Goals, benefiting over 9.3 million individuals through education, livelihood, and health programs.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees