IDFC First Bank Q2 profit nearly triples to ₹1,045 crore

IDFC First Bank's net profit jumped 196.5% year on year to ₹1,045 crore in the September quarter, helped by lower provisions and better asset quality. Net interest income rose 21% to ₹6,184 crore, while total deposits grew 25.9% to ₹3,48,583 crore, the private lender said in its second-quarter results.