Cost of borrowing remains elevated: IDFC on Q2 earnings
Speaking to NDTV profit after IDFC's weaker-than-anticipated earnings for the second quarter, chief financial officer Sunil Kakkar says quality lending has become harder and the company is witnessing that in its loan book. IDFC, however, has been able to maintain non-performing assets and asset quality is stronger than peers, the cost of borrowing remains elevated, tells Mr Kakkar.
