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IDFC Bank Q3 net profit at Rs 242 crore

Net interest income for the quarter stood at Rs 404 cr

BS Reporter  |  Mumbai 

Private sector lender IDFC Bank, which on Wednesday announced its first quarterly earnings after listing on the bourses, has reported a net profit of Rs 242.2 crore in the October-December quarter. Net interest income, the difference between interest earned and interest expended, for the quarter stood at Rs 404.2 crore. Other income for the quarter ended December stood at Rs 200 crore. Rajiv Lall, executive vice-chairman and managing director, said the lender would be focusing on growing its other income. During the third quarter of this financial year, gross non-performing assets ...

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First Published: Thu, January 28 2016. 00:04 IST
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