Mid-Tier Private Banks See Rise in Low-Cost Deposits; IDFC First Bank Prioritizes CASA Growth

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Banking

31 July 2026 at 5:32 am

Mid-Tier Private Banks See Rise in Low-Cost Deposits; IDFC First Bank Prioritizes CASA Growth

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Summary

Mid-tier private banks are increasing their low-cost deposits, with IDFC First Bank's MD and CEO, V Vaidyanathan, explaining their strategy to build the CASA ratio to 50% by slowing loan book growth.

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Mid-Tier Private Banks See Rise in Low-Cost Deposits; IDFC First Bank Prioritizes CASA Growth | HyperFast News