What will happen to IDFC First Bank?
In October 2021, IDFC Ltd, through its step-down subsidiary, IDFC Financial Holding Company Ltd, sought the bank's consent for merger, to which the bank agreed in December 2021.16-Nov-2022
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
What is the future of IDFC share?
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.
quote is equal to 62.550 INR at 2022-12-20. Based on our forecasts, a long-term increase is expected, the "Idfc Bank Ltd" stock price prognosis for 2027-12-17 is 87.982 INR. With a 5-year investment, the revenue is expected to be around +40.66%. Your current $100 investment may be up to $140.66 in 2027.
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
HDFC Bank is most highly rated for Culture and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.
What is the target of IDFC?
IDFC Ltd., incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 12189.25 Crore) operating in Term Lending Institutions sector. Axis Securities has buy call on IDFC with a target price of Rs 92. The current market price of IDFC Ltd. is Rs 76.4 .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
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.
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Will IDFC increase interest rates?
IDFC First Bank will now provide a maximum interest rate of 6.25% on savings accounts. The private sector lender IDFC First Bank has hiked its interest rates on fixed deposits and savings accounts. As per the official website of the bank, the new rates are effective as of 10/10/2022.12-Oct-2022
IDFC Bank has exposure to Vodafone-Idea debt. Since, Vodafone-Idea is on the verge of bankruptcy and closure, this might result in NPA for IDFC Bank. Hence, the drop in share value.
Is IDFC Bank merging?
In October 2021, IDFC Ltd, through its step-down subsidiary, IDFC Financial Holding Company Ltd, sought the bank's consent for merger, to which the bank agreed in December 2021.16-Nov-2022
Company is almost debt free.Peer comparison.
Will IDFC First Bank give dividends?
IDFC First Bank Ltd. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
Due to the latest stock performance, IDFC First emerged as multi-bagger stock with gains of more than 100% in a span of a little over 4 months. IDFC First Bank's Q2FY23 numbers were strong with a growth of 266% in profitability to ₹556 crore compared to a profit of ₹152 crore in the same period last year.24-Oct-2022
Which one is better indusind or IDFC?
IndusInd 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 First Bank Ltd undervalued or overvalued? The key valuation ratios of IDFC First Bank Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
Which bank has highest rating in India?
Headquartered in Mumbai, Housing Development Finance Corporation Ltd. HDFC is the largest private sector bank in India & also No. 1 Bank in India according to the bank ranking in India.06-Dec-2022
Here are the top national banks in 2022: