IDFC First Bank Q2 PAT rises 197% to ₹1,045 crore on lower provisions
IDFC First Bank reported a net profit of ₹1,045 crore for Q2 2026, marking a 196.5% year-on-year increase. This surge was driven by reduced provisions and enhanced asset quality. The bank also mobilized ₹34,390 crore in Foreign Currency Non-Resident (FCNR) deposits, despite lacking a physical presence outside India.