Should you buy IDFC First Bank shares after steady Q1 earnings?

Should you buy IDFC First Bank shares after steady Q1 earnings?

A steady June quarter earnings with lower provisions triggered buying action in IDFC First Bank shares on Monday as it jumped over 2% to the day’s high of Rs 85.75 on the NSE. The stock, which is at a kissing distance from its 52-week high of 86.10, saw over 2.4 crore shares changing hands around … Read more

Can IDFC First Bank make its mark in retail banking space?

Can IDFC First Bank make its mark in retail banking space?

In December 2018, IDFC Bank merged with Capital First, an non-banking financial company, to form IDFC First Bank — a new bank with a retail DNA. Almost 3.5 years since the merger, the new lender has made a complete turnaround in operations on a pure retail-oriented theme with a focused strategic path. Here are some … Read more