IDFC First Bank Ltd - Elevated Provisions Dent Earnings, RoA Improvement Delayed!
Elevated provisions are a RoA dampener – IDFCFB’s provisions were significantly higher on account of prudent provision buffer of Rs 568 Cr created...
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IDFC First Bank - Elevated Credit Cost Drags Down Earnings
IDFC First Bank (IDFCFB) reported a 1QFY25 PAT of INR6.8b (-11% YoY, in line) dragged down by elevated provisions. NII grew 25% YoY to INR46.9b (in...
158 Views
IDFC First Bank Ltd. - RoA Improvement to 1.4% by FY27E In Sight, Maintain BUY!
Operational Performance: Advances growth was healthy at 21/4% YoY/QoQ, led by retail assets (+47/4% YoY/QoQ). The growth in corporate and...
195 Views
Pick of the Week: IDFC First Bank Ltd. - 01 JULY 2024
The Bank has launched and scaled up several products across all segments, like retail, commercial and wholesale banking, rural products as well as...
237 Views
IDFC First Bank Early Look - Likely to Be an Accretive Deal but Not Particularly Cheap
IDFC First Bank has launched its QIP at an issue price of INR 90.25 (4.14% discount to the 3rd Oct 23 close price and 4.95% discount to the floor...
948 Views