IDFC First Bank’s first quarter of fiscal year 2026 reveals a mixed financial performance. While the profit after tax declined by 32% year-over-year to ₹463 crore, the net interest income experienced a growth of 5.1%, reaching ₹4,933 crore. However, on a quarter-on-quarter basis, the PAT grew significantly by 52.1%.
US consumer sentiment near record low ahead of midterm elections
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.