IDFC Posts 26% up in Growth in Q-2

IDFC Q2 FY10 consolidated net profit shot up 26% to Rs.282 Crore as against Rs.232 crore year on year basis. The Capital adequacy ratio stood at 21.7% as compared to 22.2% . Net non performing assests (NPA)came in at 0.2%.
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Rajiv Lall CEO and Managing Director IDFC says Net loan growth is still in catch up mode and it will accelearate in the second half of the year.

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