IDFC First Bank records healthy deposit accretion, but credit growth remains flat

Out of this retail deposits a combination of current, saving accounts and term deposits increased to Rs 58,435 crore at the end of the December quarter versus Rs. 29,267 crore as on 31 December 2019, registering a 100% growth. This was Rs 49,610 crore at the end of the September quarter clocking a sequential growth of 18%.

from Banking/Finance-Industry-Economic Times https://ift.tt/3nn7qMm