IDFC First Bank shares decreased by 7.2% following a 15% YoY decline in net profit due to higher bad loan provisions in microfinance. Despite a 14% increase in net interest income, the bank was impacted by elevated credit costs and operational expenses. Gross NPA ratio improved from 2.04% to 1.94%.
Should you cut your losses in small and midcaps or ride out the storm? Vinit Sambre answers
There, there is a first kind of a big maybe market shift which some of the new investors are also witnessing, maybe they are waiting
January 30, 2025