Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
IDFC First Bank Share Price Highlights : IDFC First Bank closed today at ₹76.01, down -2.24% from yesterday's ₹77.75
IDFC First Bank's shares surged 4.38% today, reaching ₹97.3 on the BSE following the Q1 FY25 results. The bank reported a net profit of ₹765 crore, a significant 61% increase year-on-year. The total income rose to ₹7,688 crore, marking a 51% growth. The gross non-performing assets (NPA) ratio improved to 2.52%, down from 3.36% in the previous year. The strong performance is attributed to robust loan growth and effective cost management strategies. Investors are optimistic about the bank's future growth prospects.