IDFC Bank profit falls 76% in March quarter
India's private sector lender IDFC Bank on Tuesday reported a 76% year-on-year fall in standalone net profit to â¹41.93 crore for the March quarter. The bank's Net Interest Income during the quarter marginally lowered to â¹453 crore. As a percentage of total loans, gross bad loans stood at 3.31% as compared to 5.62% in the preceding quarter.