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...
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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...
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IDFC First Bank - Deposit-Led Growth to Be Supported by Operating Leverage Play
IDFCFB reported robust loan growth momentum (up 28% YoY/ 5% QoQ) in Q4FY24 and NII growth of (24% YoY/4% QoQ). The NIM contracted 7bps QoQ to...
235 Views