Latest Updates Around The World
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 […]
The board of IDFC First Bank On Friday, the preferential allocation of more than 81.26 crore convertible cumulative preference shares (CCPs) approved RS 4,876 Crore, based on private placement to the investments of the Bessen Burg pincus. The decision was made in a meeting that is being held today. In principle, the bank had received […]
