IDFC First Bank Q1 update: Loans rise 24% YoY to Rs 1.71 lakh crore; deposits jump 24%
The CASA ratio stood at 46.5% as of June 2023, compared to 49.8% as of March 2023, as incrementally during Q1 FY24, the bank raised more fixed deposits than CASA deposits. The lender said it continues to maintain high asset quality parameters in its loan book while maintaining the average liquidity coverage ratio at 125.4% for the quarter that ended June.
