1 min read.Updated: 01 Aug 2022, 10:25 AM ISTLivemint
IDFC First Bank share price rallied more than 3% on the BSE in Monday's opening deals
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Shares of IDFC First Bank rallied more than 8% to ₹40 apiece on the BSE in Monday's opening deals after the bank reported its highest ever net profit of ₹474 crore for the quarter ended June 2022, mainly driven by lower provisioning and higher income, up 38% from the previous quarter of March 2022. The private sector lender had posted a net loss of ₹630 crore in the year-ago quarter.
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