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IDFC First Bank share rises over 7% after retail deposits surge 100% in Q3
The stock trades 4.24% away from 52 week high of Rs 45.5. The stock has touched a 52-week low of Rs 17.75
BusinessToday.In | January 7, 2021 | Updated 14:07 IST
Market cap of the lender stood at Rs 25,499.73 crore today
IDFC First Bank share was trading 7.68% higher on Thursday after the lender reported a rise in retail deposits by 100% Y-o-Y and 18% Q-o-Q.
IDFC First Bank reported a 41% rise in customer deposits in the third quarter of the fiscal to Rs 77,289 crore as on 31 December 2020 from Rs 54,631 crore as on 31 December 2019, it said in a regulatory filing. This was up 11% QoQ from Rs 69,368 crore as on 30 September 2020.