Page 8 - Idfc First Bank

IDFC First Bank net profit jumps over two-fold to Rs 343 cr in March qtr

IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and lower provisioning for bad loans.

Micro details of Indian banks' macro story

So far, the story reads well. We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth

IDFC First Bank MD gifts 500,000 shares to kin of deceased colleague

IDFC First Bank MD and CEO V Vaidyanathan has gifted 5 lakh shares of the bank held by him to family members of a deceased colleague, as per a regulatory filing. Vaidyanathan had earlier too gifted his shares to staff members, including his trainer, househelp and driver, to help them purchase homes. "V Vaidyanathan, Managing Director & CEO, has gifted 5,00,000 equity shares of IDFC FIRST Bank held by him to certain family members of a deceased colleague who was closely known to him for a long time, towards backing their education and for their financial security," the bank said in a regulatory filing on Thursday.

Hero Electric partners with IDFC FIRST Bank for vehicle finance

Hero Electric said it has joined hands with IDFC FIRST Bank for vehicle finance.

IDFC FIRST Bank CEO gifts shares worth over Rs 3.95 cr to trainer, driver

In addition, the bank said Rukmani Social Welfare Trust has disposed of 2 lakh equity shares to support social activities

IDFC FIRST Bank appoints Jaimini Bhagwati on board as additional director

IDFC FIRST Bank on Friday said its board has approved the appointment of former economist and IFS officer Jaimini Bhagwati as an additional director on its board for three years.

IDFC First Bank raises Rs 1,500 cr via tier-II bonds, CAR to rise to 16.5%

LIC corners 60% of maiden issue

IDFC First Bank Q3 net profit rises 117% to Rs 281 cr

Its net interest income grew by 36% on a YoY basis to reach Rs 2,580 cr in Q3FY22

IDFC First Bank's Sept quarter net up 50% on improved interest margins

It had posted a net profit of Rs 101 crore in the second quarter of the last financial year (Q2FY21)

IDFC First Bank net profit up nearly 50% at Rs 152 cr in Sep qtr

Bank's provisioning for bad loans and contingencies were raised substantially for the September 2021 quarter at Rs 474.95 crore as bad loans moved up

Here's why Osho Krishan recommends buying TCS, IDFC First Bank

According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels

IDFC First Bank clocks 10% loan growth in Q2 at Rs 117,243 crore

IDFC First Bank on Tuesday said it has posted 9.75 per cent growth in advances at Rs 117,243 crore for the second quarter ended September 30, 2021

IDFC faces investor ire on delay in divestments and mergers

Chairman Vinod Rai said the company had a very complex corporate structure

Align credit card perks with your spending behaviour, say experts

Paying hefty annual fee is justified if you can extract higher benefits from the card

IDFC First Bank aims retail loan book growth of 25% on long-term basis

IDFC First Bank reported a net profit of Rs 452 crore in 2020-21. There was a net loss of Rs 2,864 crore in FY20.

Stocks to watch: IDFC First Bank, Wipro, Infosys, Adani Green, BHEL

Adani Green has approved raising up to $750 million via bond sales overseas

Stocks to watch: HDFC, Adani Entp, IDFC First, Bandhan Bank, auto stocks

Hindalco Industries is planning to invest around Rs 8,000-10,000 crore in Hirakud, Silvassa and Mundra plants

In FY22, our loan book should grow by 20%: IDFC First Bank MD & CEO

V Vaidyanathan talks about the bank's growth plans, its retail-focused approach when it comes to growing its loan book, and its corporate strategy

IDFC First Bank sees net loss of Rs 630 cr in Q1 due to higher provisions

Net interest income of the lender grew by 25% YoY to Rs 2,185 cr and sequentially it increased by 11%

IDFC First Bank logs Rs 630 cr Q1 loss on higher Covid provisioning

Private lender IDFC First Bank on Saturday reported a net loss of Rs 630 crore in the April-June quarter due to provisioning measures