Tuesday, February 5, 2019

IDFC First Bank logs in Rs 1,538 crore loss on merger

IDFC First Bank logs in Rs 1,538 crore loss on merger The management attributed the high loss to amortization of Rs 2,600 crore worth of intangibles, mainly goodwill, arising out of the merger move.

from Moneycontrol Business News http://bit.ly/2Gu5FLs

No comments:

Post a Comment

GMR Airports shares rise 3% as company swings to black with Rs 202 crore profit in Q3

GMR Airports share price: GMR Airports shares gained 3% on news of significant profit for Q3 FY25, driven by increased passenger traffic and...