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IDFC FIRST Bank Q2 FY25 Earnings Call Transcript by ca.sundeepmulik is a document available to read on EtoBox.
IDFC FIRST Bank has released the transcript of its earnings call for Q2 FY25, highlighting a year-on-year growth in deposits of 32% and a loan book increase of 21.5%. The bank faced challenges due to provisions related to microfinance and a legacy toll road account, resulting in a total provision of Rs. 1,732 crore for the quarter. Despite these setbacks, the bank reported a core operating profit increase of 28% year-on-year and maintains a strong capital adequacy ratio.
- Author
- ca.sundeepmulik
- Language
- EN