IDFC Bank net jumps 65% on higher investment income, lower bad loans – Hindu Business Line

IDFC Bank net jumps 65% on higher investment income, lower bad loans
Hindu Business Line
Private lender IDFC Bank has reported a 65.3 per cent jump in its net profit at Rs 437.59 crore for the first quarter ended June as bad assets declined and investment income rose. Net profit in the corresponding quarter in 2016 stood at Rs 264.76 crore.

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