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VERIFIEDET Stocks·positive

IDFC First Bank Q1 profit tops 1,000 cr

AI Summary
  • ·IDFC First Bank reported its highest-ever quarterly profit of ₹1,075 crore for June.
  • ·The profit more than doubled year-on-year due to strong NII growth and lower provisions.
  • ·Loan growth remained robust across segments with improving asset quality.
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