5394372022-07-012022-09-305394372022-09-305394372022-03-315394372022-04-012022-09-305394372022-07-012022-09-30in-bse-fin:OtherOperatingExpenses1Member5394372022-04-012022-09-30in-bse-fin:OtherOperatingExpenses1Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments1Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments2Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments3Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments4Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments5Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments1Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments2Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments3Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments4Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments5Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments1Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments2Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments3Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments4Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments5Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments1Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments2Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments3Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments4Member5394372022-04-012022-09-30in-bse-fin:ReportableSegments5Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments1Member5394372022-09-30in-bse-fin:ReportableSegments1Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments2Member5394372022-09-30in-bse-fin:ReportableSegments2Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments3Member5394372022-09-30in-bse-fin:ReportableSegments3Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments4Member5394372022-09-30in-bse-fin:ReportableSegments4Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments5Member5394372022-09-30in-bse-fin:ReportableSegments5Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments1Member5394372022-09-30in-bse-fin:ReportableSegments1Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments2Member5394372022-09-30in-bse-fin:ReportableSegments2Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments3Member5394372022-09-30in-bse-fin:ReportableSegments3Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments4Member5394372022-09-30in-bse-fin:ReportableSegments4Member5394372022-07-012022-09-30in-bse-fin:ReportableSegments5Member5394372022-09-30in-bse-fin:ReportableSegments5Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares539437IDFCFIRSTBINE092T01019IDFC FIRST BANK LIMITEDBanking FormatEquity2022-04-012023-03-312022-10-222022-09-26INRLakhsHalf yearlyMulti segment2022-10-2210:00:002022-10-2215:55:00trueCash Flow IndirectNot applicable2022-07-012022-09-30UnauditedStandalone460343000008017600000243100000401900000546969000001061340000065310300000246751000009186100000197621000002894820000053623300000116870000004241700000074453000001889600000555570000005555700000555570000062213400000100.0420.146300.890.880.890.8843961900000147997000000.03180.01090.01072. The above financial results for the quarter and half ended September 30, 2022 were reviewed by the Audit Committee on October 21, 2022 and approved by the Board of Directors on October 22, 2022. These results have been subjected to a "Limited Review" by the Joint Statutory Auditors - M S K A & Associates, Chartered Accountants and Kalyaniwalla & Mistry LLP, Chartered Accountants and they have issued an unmodified review report thereon. The previous period financial results were reviewed/audited by B S R & Co. LLP, Chartered Accountants and M S K A & Associates, Chartered Accountants. <BR> <BR> 3.The above financial results of the Bank have been prepared in accordance with the provisions of the Banking Regulation Act, 1949, Generally Accepted Accounting Principles in India, including Accounting Standards as specified under Section 133 of the Companies Act, 2013, Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, in so far as they apply to banks, and the guidelines issued by the RBI. <BR> <BR> 4.During the quarter and half year ended September 30, 2022, the Bank has issued 22,51,055 and 36,29,177 equity shares respectively of face value of Rs. 10 pursuant to the exercise of options under the Employee Stock Option Scheme. <BR> <BR> 5."Other Income" includes non-fund based income, fees, earnings from foreign exchange and derivative transactions, profit / loss from sale of investments, mark to market provisions on investments, dividend from subsidiaries / joint ventures etc. <BR> <BR> 6. In accordance with the RBI guidelines, banks are required to make Pillar 3 disclosures including leverage ratio, liquidity coverage ratio and net stable funding ratio (NSFR) under the Basel III framework. The Bank has made these disclosures which are available on its website at the link: http://www.idfcfirstbank.com/regulatory-disclosures.html. These disclosures have not been subjected to audit or limited review by the Joint Statutory Auditors of the Bank. <BR> <BR> 7.India is emerging from the COVID-19 virus, a global pandemic that affected the world economy over the last two years. Currently, while the number of new COVID-19 cases have reduced significantly and the restrictions have been eased by the Government, the extent to which the COVID-19 pandemic, including the future subsequent waves, if any, may impact the Bank's operations and asset quality will depend on future developments. The Bank’s capital and liquidity position is strong and would continue to be the focus area for the Bank. <BR> <BR> 8.Details of resolution plan implemented under the Resolution Framework for COVID-19 related Stress as per RBI circular dated August 06, 2020 (Resolution Framework 1.0) and May 05, 2021 (Resolution Framework 2.0) as at September 30, 2022 are given below: <BR> <BR> :- For Table please refer the Unaudited financial Results published on site <BR> <BR> 9. Details of loans transferred / acquired during the quarter ended September 30, 2022 under the RBI Master Direction on "Transfer of Loan Exposures" dated September 24, 2021 are given below: <BR> <BR> (i) The Bank has not transferred any stressed loan (Non Performing Asset and Special Mention Account). <BR> (ii) Details of loans not in default transferred through assignment are given below: <BR> For Table please refer the Unaudited financial Results published on site <BR> <BR> (iii) Details of loans not in default acquired through assignment are given below: <BR> For Table please refer the Unaudited financial Results published on site <BR> (iv) The Bank has not acquired any stressed loan. <BR> (v) The Bank has not made any investment in Security Receipts (SRs). <BR> <BR> 10. The disclosures for NPA referred to in point 17(iv) above correspond to non performing advances. <BR> <BR> 11. The Bank has followed the same significant accounting policies in the preparation of these financial results as those followed in the annual financial statements for the year ended March 31, 2022. <BR> <BR> 12. The figures for the previous quarter/period have been regrouped/reclassified wherever necessary in order to make them comparable.2022-04-012022-09-30UnauditedStandalone877318000001454750000089580000073860000010391370000019170100000123083800000463809000001748770000038090000000555777000001019586000002112520000073216000000138036000003504600000102990000000102990000001029900000062213400000100.0420.146301.661.641.661.6443961900000147997000000.03180.01090.0102Other operating expenses19762100000Other operating expenses38090000000622134000001583054000001234423800000566430100000106391300000212776400000080128600000683425000005058652000001347618700000161534000001096556000002127764000000Treasury31396700000Wholesale Banking15919900000Retail Banking63165700000Other Banking Business933500000Unallocated6100000Treasury56494800000Wholesale Banking30142200000Retail Banking119272600000Other Banking Business2333700000Unallocated11700000111421900000208255000000461116000008517120000065310300000123083800000Treasury2742100000Wholesale Banking2573600000Retail Banking2857500000Other Banking Business372700000Unallocated-1100600000Treasury1891700000Wholesale Banking4947400000Retail Banking7894500000Other Banking Business1150200000Unallocated-20802000007445300000138036000000000744530000013803600000Treasury701697500000Wholesale Banking295861600000Retail Banking1100427900000Other Banking Business1190500000Unallocated28586500000212776400000002127764000000Treasury496057700000Wholesale Banking505944400000Retail Banking898801400000Other Banking Business448600000Unallocated5993100000190724520000001907245200000Business segments have been identified and reported taking into account the target customer segment, the nature of products, internal business reporting system, transfer pricing policy approved by Asset Liability Committee (ALCO), the guidelines prescribed by the Reserve Bank of India ('the RBI'), which has been relied upon by the auditors. <BR> <BR> The RBI vide it's circular dated April 07, 2022, for the purpose of disclosure under Accounting Standard 17, Segment reporting, had prescribed for reporting of ‘Digital Banking’ as a sub-segment under Retail Banking. The Digital Banking Units (DBU) of the Bank have commenced its operations on October 16, 2022. However, having regard to the discussions of the DBU Working Group formed by Indian Banks' Association (IBA) (which included representatives of banks and RBI), reporting of Digital Banking as a separate sub-segment of Retail Banking Segment will be implemented by the Bank based on the decision of the DBU Working Group.1380360000003261400000-15988000000090500000-10200000089205000000106634000000-163590400000-2184490000017808020000031155000000-4239600000642380000020227400000000325500000019901900000001990190000000061446200000000046000000450820000000000000000-6590840000000-6590840000094400000003680410000000000368985000000036898500000-91080000000-9108000000157579100000148471100000