Saturday, July 31, 2021

IDFC First Bank logs Rs 630-crore loss in Q1 on pandemic provisions

Total provisions and contingencies rose sharply to Rs 1,878 crore at the end of the quarter under review. This was at Rs 764 crore in the corresponding period last year.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/idfc-first-bank-logs-rs-630-crore-loss-in-q1-on-pandemic-provisions/articleshow/84937986.cms

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