IDFC FIRST Reports Highest-ever Profit at ₹474cr in June Qtr

The bank reported an improvement in its asset quality parameters with gross NPAs falling to 3.36% in the June quarter versus 4.61% a year ago. The net NPA came to 1.30% Provisions for the quarter were at ₹308 crore against ₹1,872 crore in the period last year, a reduction of 84%. The credit cost was 0.9%

from Banking/Finance-Industry-Economic Times https://ift.tt/5SjONtF