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: 5
Author: Geojit BNP Paribas

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

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IDFC First Bank Ltd.

20 Feb 2021

66.41

-0.39%

IDFC First Bank's promoter, Warburg may not participate in fundraising

Business Standard

Board clears Rs 3K-cr capital raise plan

IDFC First Bank Ltd. has an average target of 71.53 from 9 brokers.

IDFC FIRST Bank Ltd hits fresh 52-week high on fundraising approval

Business Line | 19 Feb 2021 3 more

IDFC First Bank Ltd.

19 Feb 2021

66.41

-0.39%

IDFC FIRST BANK LIMITED

Buy: 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 576, with a total funded assets to the tune of around ~Rs.1,10,469cr. We roll forward our valuation to FY23 and value the bank at 2.3x...

Number of FII/FPI investors decreased from 636 to 624 in Mar 2025 qtr

IDFC First Bank Ltd.

04 Feb 2021

66.41

-0.39%

Buy IDFC First Bank; target of Rs 52: ICICI Direct

Moneycontrol

ICICI Direct is bullish on IDFC First Bank has recommended buy rating on the stock with a target price of Rs 52 in its research report dated February 01, 2021.

IDFC First Bank Ltd. is trading above all available SMAs

IDFC First Bank Ltd.

02 Feb 2021

66.41

-0.39%

Company Report - Improving business but asset quality weak - SELL

Sell: IDFC First Bank Ltd.

Target

Prabhudas Lilladhar

IDFCFB's earnings performance of Rs1.30bn (PLe: Rs1.52bn) was a miss on high provisioning this quarter mainly on back of pro-forma NPAs and higher opex which was offset by higher other income. Pro-forma NPAs came in high at 4.2% and in retail at 3.9% which were on higher side, although bank holds a Rs21.6bn of COVID provision and should see gradual reduction in NPAs on recovery/write-off. Bank's retail drive continues to move ahead with strong CASA growth of 8% QQ and CASA + Retail TDs up 10% QoQ replacing bulk deposits, while corporate book has continued to de-grow by 17% YoY and...

IDFC First Bank Ltd. has an average target of 71.53 from 9 brokers.

IDFC First Bank Ltd.

01 Feb 2021

66.41

-0.39%

IDFC First Bank

Buy: IDFC First Bank Ltd.

Target

ICICI Securities Limited

NII was up 13.7% YoY, 5.1% QoQ to | 1744 crore. NIMs expanded QoQ by 8 bps and 79 bps YoY to 4.65% despite interest reversals due to NPAs, supported by sharp rise in CASA deposits. Other income for the quarter jumped 31.1% YoY | 759 crore. Fee income increased 33% YoY to | 582 crore. Provisions for the quarter were at | 482 crore, up 123% QoQ owing...

IDFC First Bank Ltd. has an average target of 71.53 from 9 brokers.

IDFC First Bank Ltd.

31 Jan 2021

66.41

-0.39%

IDFC First Bank Q3 results: Net profit at Rs 130 crore as provisions decline

Business Today

Net interest income grew by 14 per cent year-on-year to Rs 1,744 crore in Q3 FY21 from Rs 1,534 crore in Q3 FY20; Net interest margin (NIM) improved to 4.65 per cent in Q3 FY21

IDFC First Bank Ltd. has an average target of 71.53 from 9 brokers.

IDFC First Bank Ltd.

30 Jan 2021

66.41

-0.39%

IDFC First Bank posts Rs 130 crore net profit in December quarter

Business Standard

IDFC First Bank on Saturday reported a net profit of Rs 130 crore for the third quarter ended on December 31, 2020.

IDFC First Bank Ltd. is trading above all available SMAs

IDFC First Bank reports Q3 net profit of Rs 129.61 crore

Business Line | 30 Jan 2021

IDFC First Bank Ltd.

20 Jan 2021, 07:18PM

66.41

-0.39%

IDFC First Bank Q3 Net Profit to Rs. 152.7 cr: Prabhudas Lilladher

Moneycontrol

Net Interest Income (NII) is expected to increase by 15.2 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 1,766.8 crore, according to Prabhudas Lilladher.

IDFC First Bank Ltd. is trading above all available SMAs

IDFC First Bank Ltd.

19 Jan 2021

66.41

-0.39%

IDFC First Bank Q3 to Rs. 204 cr: Arihant Capital

Moneycontrol

Net Interest Income (NII) is expected to increase by 13 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 1,727 crore, according to Arihant Capital.

IDFC First Bank Ltd. is trading above all available SMAs

IDFC First Bank Ltd.

07 Jan 2021

66.41

-0.39%

IDFC First Bank hikes interest rate on savings balances upto Rs 1 lakh to 7%

Business Today

The bank's customer deposits rose 41 per cent to Rs 77,289 crore during the third quarter ended December 2020, as compared with Rs 54,631 crore on December 31, 2019