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Costs and provisions down, IDFC Bank show should continue this year: V Vaidyanathan, MD & CEO
Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our credit quality in the first quarter, we are targeting 50 bps lesser credit cost, say 1.5% to 1.6%, says V Vaidyanathan, MD & CEO, IDFC Bank.
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thehindu.com
IDFC First Bank Q1 net more than doubles to ₹1,075 crore
IDFC First Bank's Q1 FY27 net profit surges 132% to ₹1,075 crore, driven by strong loan growth and improving asset quality.
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economictimes.indiatimes.com
IDFC First Bank Q1 profit tops 1,000 cr
IDFC First Bank reported its highest-ever quarterly profit at ₹1,075 crore for June, more than doubling year-on-year, driven by strong NII growth and lower provisions. Margins and…
