Can I read IDFC Bank Q3 FY17 Results Review on EtoBox?

IDFC Bank Q3 FY17 Results Review by Devendra Saraf is a document available to read on EtoBox.

What is IDFC Bank Q3 FY17 Results Review about?

IDFC Bank reported quarterly earnings that were in line with estimates. Net interest income was as expected but net margins declined slightly. Higher than expected trading gains compensated for higher loan loss provisions. Asset quality deteriorated with gross NPAs rising due to a large fraudulent account, although coverage ratios improved. The bank aims to increase its retail and SME lending over time.

Author

Devendra Saraf

Language

EN