Several reports say Indian banks continue to allocate notable spending to printing and stationery despite digital channels. NDTV highlights that IDFC First Bank, specifically, spends more than 8% of its net profit on paper-related expenses. The coverage refers to the bank’s FY25 financial figures, stating that the share of net profit directed toward printing and stationary is above 8%. The reports frame the issue as part of a broader pattern in the banking sector, where costs tied to physical documents and related materials remain significant even as banking operations increasingly rely on digital platforms.
While the articles focus on IDFC First Bank and the proportion of net profit spent on these categories, they do not provide a detailed breakdown of why these expenses remain high or how they compare with other banks’ spending levels beyond the general observation that digitalisation has not eliminated paper and printing costs. Overall, the sources present the spending ratio as the key data point for FY25.
