 "Saudi Arabia's Public Investment Fund (PIF) managing director Yasir al-Rumayyan speaks at the Bloomberg Global Business Forum in New York City. Photo: Reuters")
IDFC Bank reported
Net profit fell to Rs 234 crore in the quarter ended September 30, from Rs 388 crore a year earlier, the bank said.
Gross bad loans as a percentage of total loans stood at 3.92 per cent at end-September, compared with 4.13 per cent in the preceding quarter and 5.96 per cent a year earlier.
