Latest Updates Around The World
After several quarters of pressure from the microfinance portfolio, IDFC First Bank thinks the worst is behind it. “We were hit by the impact of microfinance but it is behind us now,” said V Vaidyanathan, MD & CEO, IDFC First Bank, in an interview with ET Now. He added: “You will now see our net […]
IDFC Bank reported its second quarter results for FY2026, during which the bank witnessed a 75.5% year-on-year increase in its standalone net profit to Rs 352.31 crore, compared to Rs 200.69 crore in Q2FY26. Moreover, the bank’s net interest income (NII) rose 6.8% year-on-year.The NII was reported at Rs 5,112.57 crore for the said quarter, […]
IDFC Bank reported its second quarter results for FY2026, during which the bank witnessed a 75.5% year-on-year increase in its standalone net profit to Rs 352.31 crore, compared to Rs 200.69 crore in Q2FY26. However, the bank’s net interest income (NII) took a sharp hit, falling 40% year-on-year.The NII was reported at Rs 5,112.57 crore […]
