IDFC First Bank reported a 15% decline in net profit for Q3FY25, while its net interest income rose by 14%. The bank’s gross NPA ratio improved to 1.94%, and customer deposits increased by 28.8% YoY. CASA deposits surged by 32.3%, and the CASA ratio stood at 47.7%.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting