"The financial year 2016-17 marks the first full year of operations of IDFC Bank. The Bank recorded a net profit of Rs 1,020 crore for the full year ended March 31, 2017, delivering a 25 per cent growth in net profit vs. last year (annualized)," the lender said in a statement. "The balance sheet grew y-o-y by 35 per cent. IDFC Bank ended the year with an outstanding funded and non-funded credit growth of 58 per cent, while its funded outstanding credit was up 36 per cent at Rs 66,567 crore, from Rs 48,813 crore in the previous year."
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