The bank reported an improvement in its asset quality parameters with gross NPAs falling to 3.36% in the June quarter versus 4.61% a year ago. The net NPA came to 1.30% Provisions for the quarter were at ₹308 crore against ₹1,872 crore in the period last year, a reduction of 84%. The credit cost was 0.9%source https://economictimes.indiatimes.com/industry/banking/finance/banking/idfc-first-reports-highest-ever-profit-at-474cr-in-june-qtr/articleshow/93241096.cms
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