IDFC FIRST Bank's Q3FY25 net profit declines 53% due to spike in provisions, including higher slippages in microfinance.

Provisions for the quarter stood at Rs 1,338 crore as compared with Rs 655 crore in the year-ago quarter, driven by the ...

While the total number of SHGs linked to banks through savings bank accounts in India is 144 lakh with 77 lakh of those (or, ...

IDFC FIRST Bank has reported a strong financial performance for Q3 FY25, with a Profit After Tax (PAT) of Rs. 339 crore and a ...

Ujjivan Small Finance Bank plans to apply to the RBI for transitioning to a universal bank, aiming for lower capital adequacy ...

IDFC FIRST Bank reported robust Q3 FY25 results, with a notable PAT of Rs. 339 crore and 15% YoY growth in core operating ...

Ohha Microfinance Bank Limited has filed a lawsuit against the Enugu State Government, seeking N20.4 billion in damages for ...

Group, the parent company of U Microfinance Bank (U Bank), has injected a significant capital investment of PKR 4 billion ...

TPL Corp Limited (PSX: TPL) and Abhi Private Limited have completed the purchase of a majority stake in FINCA Microfinance ...

Karnataka Chief Minister Siddaramaiah on Saturday said the state government would amend the existing laws related to the ...

IDFC First Bank reported a net profit of ₹339 crore, down 53 per cent YoY, while net interest income grew 14 per cent YoY, ...

Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were ...