The private sector lender posted a 16.3 per cent year-on-year YoY growth in credit to reach 1.54 trillion at the first quarter ended June 2022, the first quarter ended June 2021, and the gross advances at the end of June 2021 Q 1 FY 22 and the wholesale credit book increased by 15.8 per cent, according to a late night filing with BSE. The retail-to- wholesale ratio increased to 55: 45 Q 1 FY 23 from 54: 46 a year ago Q 1 FY 22 As for liabilities, the Kochi-based lender's total deposits increased by 8.2 per cent YoY to Rs 1.83 trillion from Rs 1.69 trillion as of June 30, 2021.
The bank's low-cost deposits or Current Account Savings Account CASA increased by 14.6 per cent YoY to Rs 67,540 crore. The share of CASA in total deposits was 36.84 per cent at the end of Q 1 FY 23 from 34.81 per cent in Q 1 FY 22.
The share of retail deposits went up to 94 per cent as of June, from 93 per cent as of June 30, 2021, it added.