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IDFC First Bank shares surged following a robust 75.5% year-on-year profit increase for the second quarter of FY26. This growth was fueled by strong business expansion and better operating leverage. Loans and customer deposits saw significant year-on-year increases. Asset quality remained stable. The bank's management expressed confidence in sustaining this positive trend.
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HDFC Bank reported a solid second quarter. Results surpassed market forecasts. Controlled expenses and stable margins supported the performance. Asset quality showed steady improvement. Fee income growth was robust. Treasury income also contributed positively. The bank maintained profitability amidst sector challenges. This performance highlights HDFC Bank's balance of growth and prudence.
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Housing secretary tells BBC Panorama widespread scepticism will make hitting target "all the sweeter".
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