IDFC Bank Q2 net falls 40% at Rs 234 cr
Gross bad loans as a percentage of total loans stood at 3.92 per cent at end-September
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Gross bad loans as a percentage of total loans stood at 3.92 per cent at end-September
IDFC Bank reported a 40 per cent fall in second-quarter profit on Wednesday.
Net profit fell to Rs 234 crore in the quarter ended September 30, from Rs 388 crore a year earlier, the bank said.
Gross bad loans as a percentage of total loans stood at 3.92 per cent at end-September, compared with 4.13 per cent in the preceding quarter and 5.96 per cent a year earlier.
First Published: Oct 25 2017 | 3:25 PM IST