Cautious on high valuation and asset quality woes 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 596, with a total funded assets to the tune of around ~Rs.1,17,127cr. Net Interest Income (NII) reported a growth of 15.3% on a YoY basis, and reported Net Interest Margin (NIM) improved to 5.09% in Q4FY21, compared to 5.04% in Q3FY20....