Is IDFC First stock good?
Yes absolutely. You are right there is definitely an arbitrage opportunity in IDFC and IDFC First and if you want to get into IDFC First Bank, buying shares of IDFC may give a slight maybe 4-5% price advantage because I also feel that the ratio will be slightly in favour of IDFC shareholders rather than IDFC First.13-Oct-2022
The second aspect to note is that the deposits are AAA rated by CRISIL, which is the highest level of safety. This is for the bank's fixed deposit programme. So, based on the above parameters, we can fairly conclude that the savings bank account of IDFC First is rather safe at the moment.09-Oct-2020
Can I open zero balance account in IDFC First Bank?
Any resident of the country is eligible to open a 0 balance saving account with the IDFC First Bank. A Pratham savings account (BSBDA) at the IDFC First Bank, which is essentially a 0 bank balance saving account, can be opened by any resident individual either singly or jointly.
These transactions will continue to be free of charge should you maintain a balance of Rs. 10,000 with us. Taxes at prevailing rates as per Government Rules shall be applicable over and above the mentioned charges if any applicable.
Which is better IDFC or Icici?
ICICI Bank Ltd is most highly rated for Job security and advancement and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.
IDFC First's management expects to maintain net interest margins to remain around 6% going ahead led by solid traction in Retail funded assets. Further, the bank expects to completely run down the infrastructure loan book to 0 in the next few years which is 4% of gross funded assets as on September 30, 2022.24-Oct-2022
Which is better HDFC or IDFC?
HDFC Bank is most highly rated for Culture and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.
IDFC First bank is offering an interest rate of 7% per annum on the balances maintained in the saving bank accounts with the bank if the amount is exceeding the prescribed threshold by the bank, in a time where RBI Repo rate is merely 4% and reverse repo rate is 3.35% only, even the 10-year G-Sec yield is trading below 23-Oct-2020
Is IDFC Bank RBI approved?
In 2014, the Reserve Bank of India (RBI) granted an in-principle approval to IDFC Limited to set up a new bank in the private sector.
Best Zero Balance Savings Account 2022
Which bank has 0 minimum balance?
Latest Interest Rate for Zero Balance Savings Account
HDFC Bank has a regular and premium salary account. Many consider it as the best bank for salary account. The bank has a vast network of ATMs and branches and a fixed interest rate of 3.5 to 4% per annum. The bank offers a free personal accidental health cover of Rs 1 lakh to its salary account holders.25-Aug-2022
Which bank has 1000 minimum balance?
List of All Banks Savings Account Interest Rates and Minimum Balance 2022
A minimum balance fee is a fee that many banks charge when your account balance drops below a certain amount. For instance: If the minimum balance required in your checking account is $500, but you only have $400, you would be charged a minimum balance fee.06-Apr-2021
What are minimum balance fees?
Minimum balance fee This is a charge that applies if your account dips below a certain balance. If the bank sets a minimum balance, you may be asked to have at least that amount or more in your account at all times. If you have less in the account, you could be charged this type of fee.
Axis Bank is most highly rated for Job security and advancement and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.
Is IDFC safe for FD?
With benefits such as monthly/quarterly interest payouts or a quarterly compounding option, IDFC FIRST Bank Fixed Deposit is one of the best investment options in India to park your funds safely.02-Sept-2022
I worked as a Verification Executive in IDFC. I love working with IDFC because the staff and management are very supportive. And the work is also fruitful.
Which bank share will grow in future?
Category
As on 19th Dec 2022 IDFC SHARE Price closed @ 86.05 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 63.03 & Strong Buy for SHORT-TERM with Stoploss of 78.38 we also expect STOCK to react on Following IMPORTANT LEVELS.IDFCSHARE Price.
Is IDFC the next HDFC?
IDFC First Bank Ltd is the “next HDFC Bank” Now, the much awaited merger between Capital First and IDFC Bank has been consummated and the new entity is named 'IDFC First Bank'.20-Jan-2019
Is IDFC First stock good?