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IDFC First Bank Q3 Results: PAT falls 53% YoY on account of higher provisions

Kolkata: IDFC First Bank on Saturday reported a 53% year-on-year fall in net profit for the third quarter, on account of higher provisions to...

IDFC First Bank Q3 results: PAT declines 53% YoY; NII grows 14%

Private lender IDFC First Bank on Saturday, January 25 announced its quarterly results for the period ended December 2024, wherein the bank’s net profit...

RBI introduces daily VRR operations to boost banking liquidity amidst deficit

The central bank Wednesday prioritized liquidity infusion into the banking system by announcing daily variable rate repo (VRR) operations, which would accompany the up...

Rupee still overvalued despite steep depreciation in the past few days

Despite the continuous depreciation of the rupee, economists say that the local currency is still overvalued in terms of an inflation adjusted (with its...

Ahead of Market: 10 things that will decide stock action on Monday

Indian benchmark equity indices gained during a special one-hour "muhurat" trading session on Friday, marking the Diwali festival, driven by auto stocks boosted by...

Financials and renewables are the next big bets, says Nilesh Shah

"When we look at their growth and add it up, I believe consumer demand is still growing. Consumption patterns are shifting—some categories are mature,...

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