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 […]
IndusInd Bank is expected to report a sharp decline in Q2FY26 profits as brokers foresee pressure on margins, weak state revenues and high provisioning from the microfinance and commercial vehicle segments. Estimates from four brokerages put net profit at between Rs 240 crore and Rs 796 crore, implying a year-on-year decline of up to 82% […]
