In today’s briefing:
- IDFC First Bank – Mkt Cap Up Big, Can Gain More Interest, With Improved Fundamentals & Amalgamation
IDFC First Bank – Mkt Cap Up Big, Can Gain More Interest, With Improved Fundamentals & Amalgamation
- IDFC First Bank is now at USD7bn market cap, and it will now be seen by more than before
- Net interest income rising from INR27.5bn to INR37.5bn is amongst best in India banking
- Credit metrics improving dramatically, but credit costs have yet to trail lower – to come
💡 Before it’s here, it’s on Smartkarma
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