IDFC First Bank Share Price: Following mixed December quarter earnings and not so optimistic brokerage view, shares of IDFC First Bank fell over 5% to the day s low of Rs 82.80 on the NSE on Tuesday. While BofA recommended an underperform rating on the stock, domestic brokerages Motilal Oswal and Nuvama held Neutral and Hold views respectively.
IDFC First Bank has declared its Q3FY23 results today and the lender said that it continues to deliver a strong performance on all fronts including profitability, customer deposits, funded asset, capital adequacy, asset quality and net NPA.
IDFC First Bank posts ₹130 crore profit in Q3
Total income during the quarter rose to ₹4,711.72 crore from ₹4,679.14 crore in the same period of the previous fiscal, the bank said in a regulatory filing.Premium
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. Updated: 30 Jan 2021, 09:47 PM IST PTI
Total income during the quarter rose to ₹4,711.72 crore from ₹4,679.14 crore in the same period of the previous fiscal, the bank said in a regulatory filing
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NEW DELHI :
IDFC First Bank on Saturday reported a net profit of ₹130 crore for the third quarter ended on December 31, 2020.
The bank, which came into existence recently after the merger of IDFC Bank and Capital First, had reported a net loss of ₹1,639 crore for October-December period of 2019-20.