IDFC First Bank – Q2 Snapshot

Net Profit for the quarter came at ₹3.5B, up from ₹2B in the same period last year. Operating Income stood at ₹99.4B versus ₹89B YoY. Asset Quality Gross NPA improved to 1.86% from 1.97% sequentially. Net NPA eased slightly to 0.52% vs 0.55% QoQ. Provisions

Provisions & Contingencies reduced to ₹14.5B compared to ₹16.6B in the prior quarter.