IDFC First Bank Q1 Profit Falls 32%, Stock in Focus

IDFC First Bank Q1 Profit Falls 32%, Stock in Focus

IDFC First Bank Profit Drops 32% in Q1; Brokerages Remain Cautious IDFC First Bank’s net profit dropped by 32% to ₹462.6 crore in the April-June quarter, compared to ₹681 crore in the same period last year. The fall in profit was mainly due to rising bad loans in its microfinance portfolio. Despite the decline in … Read more