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IDFC quashes rumours of delayed merger, says 'company committed to its ongoing corporate restructuring plan'

IDFC quashes rumours of delayed merger, says 'company committed to its ongoing corporate restructuring plan'

Thu, Nov 17, 2022

IDFC merger: Further IDFC clarified that the company is committed to its ongoing corporate restructuring plan to enhance shareholders' value. 

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IDFC First Bank Q1 results: At Rs 474 cr in Q1FY23, bank clocks highest ever net profit

IDFC First Bank Q1 results: At Rs 474 cr in Q1FY23, bank clocks highest ever net profit

Sat, Jul 30, 2022

IDFC First Bank on Saturday reported its highest ever net profit of Rs 474 crore for the quarter ended June 2022, against a a net loss of Rs 630 crore in the year-ago quarter. The record profit as largely driven by lower provisioning and higher income.  

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