AXSB continues to focus on granularity & retailisation as its central themes for deposit growth. The deposit growth as of March 31, 2023, stood at 15.2% YoY/ 11.6% QoQ, with CASA at 47.2%, an improvement of 213 bps YoY/ 262 bps QoQ. Deposit growth was owing to a) strong customer acquisition; b) initiatives to strengthen the corporate salary segment; and c) premiumization strategy and the recent acquisition of CITI, which led to an 870 bps YoY increase in the premium segment.