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IDFC First Bank reported a 73% drop in its September quarter standalone net profit at Rs 201 crore versus Rs 751 crore reported by it in the year ago period. However, the Net Interest Income (NII) grew 21% to Rs 4,788 crore in Q2FY25 versus Rs 3,950 crore in the year ago period.
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Elon Musk, the world's richest man and an avid supporter of Donald Trump, was plunged into new controversy on Friday after a report that he is in regular contact with Russian President Vladimir Putin. "It is extremely problematic that the world's richest man can throw his money around in an attempt to directly influence the outcome of this election," Noti said.
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REC Q2 Results: State-run REC reported a 6.5% rise in its September quarter consolidated net profit at Rs 4,038 crore versus Rs 3,790 crore reported by it in the year ago period. The total interest income earned by the NBFC during the quarter stood at Rs 13,485 crore which was up 18% over Rs 11,399 crore reported in the corresponding quarter of the previous financial year.
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