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IDFC First Bank Limited
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IDFC First Bank - Deposit-Led Growth to Be Supported by Operating Leverage Play
Equity Bottom-Up
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30 Apr 2024 01:08
Broker
IDFCFB reported robust loan growth momentum (up 28% YoY/ 5% QoQ) in Q4FY24 and NII growth of (24% YoY/4% QoQ). The NIM contracted 7bps QoQ to 6.35%, largely owing to higher cost of deposits
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IDFC First Bank - Deposit-Led Growth to Be Supported by Operating Leverage Play
30 Apr 2024
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