IDFC First Bank Q1 net more than doubles to ₹1,075 crore
IDFC First Bank’s first quarter (Q1) FY27 net profit more than doubled year-on-year (YoY) to ₹1,075 crore, supported by strong business momentum., improved asset quality and better cost management. Net Interest Margin (NIM) improved to 5.96% in the quarter from 5.71% a year ago, up 25 bps basis points YoY. Loans and advances increased 20.6%…
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