Edition:
India

India's IDFC First Bank Posts March-Qtr Net Profit


Friday, 22 May 2020 

May 22 (Reuters) - IDFC First Bank Ltd ::MARCH QUARTER NET PROFIT 715.4 MILLION RUPEES VERSUS LOSS 2.18 BILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST EARNED 39.56 BILLION RUPEES VERSUS 36.29 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS AND CONTIGENCIES 4.12 BILLION RUPEES VERSUS 6.55 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 2.60% VERSUS 2.83% PREV QUARTER.MARCH QUARTER NET NPA 0.94% VERSUS 1.23% PREV QUARTER.APPROVED RESOLUTION TO BORROW/RAISE FUNDS VIA ISSUE OF DEBT INSTRUMENTS UP TO 50 BILLION RUPEES. 

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