IDFC First Bank Q3 Results: PAT falls 53% YoY on account of higher provisions

January 25, 2025

Provisions for the quarter stood at Rs 1,338 crore as compared with Rs 655 crore in the year-ago quarter, driven by the higher slippages in the microfinance book. The bank said provisions were stable for the non-microfinance portfolio.

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Excluding MFI, want good asset quality along with 20% growth for rest of the book: V Vaidyanathan, IDFC First Bank

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