IDFC First Bank Ltd. News and Updates

Name: Latest research reports of IDFC First Bank Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: IDFC First Bank Ltd.
Rating: 4
Author: Geojit BNP Paribas

Keep track of all breaking news on IDFC First Bank Ltd. from all sources in a single place.

Load latest

IDFC First Bank Ltd.

31 Oct 2020, 10:22PM

68.94

1.40%

IDFC First Bank posts Rs 101-cr profit in Q2 on interest income, lower provisioning

Business Standard

The bank on Saturday reported its earnings for the July-September quarter of the current fiscal year

Number of MF schemes increased from 27 to 34 in Jun 2025 qtr.

IDFC First Bank posts net profit of 101.47 crore

Business Line | 31 Oct 2020, 09:03PM

IDFC First Bank Ltd.

24 Sep 2020

68.94

1.40%

IDFC First Bank to launch contactless debit card transaction facility next week

Moneycontrol

IDFC First Bank is set to launch the digital facility that will allow payments by simply waving one's smartphone against a near field communication (NFC)-enabled PoS terminal, the bank said in a release.

Number of FII/FPI investors increased from 624 to 656 in Jun 2025 qtr.

IDFC First Bank Ltd.

16 Sep 2020

68.94

1.40%

Quant Pick - IDFC First Bank: ICICI Direct

Moneycontrol

According to ICICI Direct, In the ongoing broader market recovery, stocks from the midcap and small cap space have found momentum but the financial space is still underperforming.

Number of FII/FPI investors increased from 624 to 656 in Jun 2025 qtr.

IDFC First Bank Ltd.

04 Sep 2020

68.94

1.40%

As Rajiv Lall exits IDFC First Bank, challenges for leadership remain

Moneycontrol

To be precise, IDFC First Bank has about one third of its loan book under moratorium. Out of this, in retail financing segment, including rural portfolio, the percentage of such loans is 23 per cent. In the wholesale financing portfolio, such loans account for 35 per cent

Number of FII/FPI investors increased from 624 to 656 in Jun 2025 qtr.

Rajiv Lall resigns as IDFC First Bank's non-executive chairman

Moneycontrol | 04 Sep 2020

IDFC First Bank Ltd.

26 Aug 2020

68.94

1.40%

IDFC FIRST BANK LIMITED

Accumulate: IDFC First Bank Ltd.

Target

Geojit BNP Paribas

IDFC First Bank, founded by the merger of erstwhile IDFC Bank and erstwhile Capital First on December 18, 2018. At present, the bank's total number of branches stands at 503, with a total funded assets to the tune of around ~Rs1,04,050cr. We value the bank at 1.2x Adj BVPS of FY22E and revise our rating...

IDFC First Bank Ltd. has an average target of 73.57 from 9 brokers.

IDFC First Bank Ltd.

20 Aug 2020

68.94

1.40%

IDFC FIRST BANK LTD

Strategy Note: IDFC First Bank Ltd.

Ventura

Quick Research Note

IDFC First Bank Ltd. is trading above its 200 day SMA of 65.4

IDFC First Bank Ltd.

03 Aug 2020

68.94

1.40%

Buy IDFC First Bank; target of Rs 39: Arihant Capital

Moneycontrol

Arihant Capital is bullish on IDFC First Bank has recommended buy rating on the stock with a target price of Rs 39 in its research report dated July 29, 2020.

IDFC First Bank Ltd. is trading above its 200 day SMA of 65.4

Buy IDFC First Bank; target of Rs 3429: ICICI Direct

Moneycontrol | 03 Aug 2020

IDFC First Bank Ltd.

29 Jul 2020

68.94

1.40%

IDFC First Bank Standalone June 2020 Net Interest Income (NII) at Rs 1,625.90 crore, up 38.44% Y-o-Y

Moneycontrol

NULL

IDFC First Bank Ltd. is trading above its 200 day SMA of 65.4

IDFC First Bank Ltd.

29 Jul 2020

68.94

1.40%

Q1FY21 Result Update - COVID impact to keep return ratios dismal - Sell

Sell: IDFC First Bank Ltd.

Recommendation

Prabhudas Lilladhar

IDFCFB's earnings performance of Rs935mn (PLe: Rs889mn) was broadly in line with expectations but was better on PPOP on back of better NII and treasury gains which helped to make an additional Rs3.75bn of COVID related provisions and now has Rs6bn (60bps of loans) of COVID provisions. Loans under moratorium has come off to 28% as compared to 45% in Q4FY20 (35% excl. Agri) with 23% in retail and 35% in wholesale book. Bank's retail drive continues to move ahead with strong SA growth of 24% QQ and Retail TDs up 10% QoQ replacing bulky deposits, while corporate book has continued...

Number of MF schemes increased from 27 to 34 in Jun 2025 qtr.

IDFC First Bank Ltd.

29 Jul 2020

68.94

1.40%

IDFC First Bank

Buy: IDFC First Bank Ltd.

Arihant Capital

Core business intact, growth and asset portfolio concerns arise IDFC FIRST Bank reported another healthy set of quarterly earnings. NII increased by 38.4% YoY/4.0% QoQ to Rs 1,626 Cr, PPOP increased by 180% YoY/71.5% QoQ to Rs 892 Cr and Net Profit increased to Rs 94 Cr, against Rs 617 Cr loss in Q1FY20. Other income increased on account of treasury gains of the bank. The bank has taken provisions of Rs 764 Cr for...