BusinessPhoto: Hindu BusinessIDFC First Bank Q2 PAT Rises 197% to ₹1,045 Crore on Lower Provisions
IDFC First Bank reported a 196.5% year-on-year increase in net profit to ₹1,045 crore for Q2 ending September 30, 2026, driven by lower provisions and improved asset quality. Net interest income rose 21% to ₹6,184 crore, total deposits grew 25.9% to ₹3,48,583 crore, and loans increased 30.1% to ₹3,46,913 crore. Provisions fell to ₹1,137 crore from ₹1,452 crore.
Hindu Business··Mumbai

