Synopsis: HSBC initiated coverage on IDFC First Bank with a Buy rating, citing strong loan growth, improving profitability, and operating leverage, while projecting a 23% upside potential. This Mid-Cap Private Sector Bank, engaged in providing retail banking,...
Synopsis: IDFC First Bank informed exchanges that an independent forensic review conducted by KPMG has reaffirmed that the Rs. 646 crore fraud was limited to its Sector-32 branch in Chandigarh. The bank stated that it has already reimbursed affected customers,...
Synopsis:- Reporting its Q4 FY26 and full-year results on April 25, 2026, IDFC FIRST Bank posted a reported PAT of Rs. 319 crore for the quarter, while on a normalized basis, stripping out one-time items, the figure came in at Rs. 746 crore, up 145 percent...
Synopsis: IDFC First Bank will absorb the Rs 590 crore Haryana fraud yet expects Q4 profit, backed by strong loan growth, stable margins, easing credit stress, and robust depositor confidence. The shares of this company, which offer services like savings accounts,...
Synopsis: Q3 FY26 shows a clear contrast between IDFC First Bank and Federal Bank, where one is driving aggressive growth and scale, while the other is delivering stability, strong asset quality, and consistent profitability. Q3 FY26 highlighted just how differently...
Synopsis:- A leading private lender’s stock plunged 20% after disclosing ₹590 crore fraudulent transactions at its Chandigarh branch involving government accounts. While management said the issue is isolated, the amount exceeds a recent quarterly profit figure,...
Synopsis: IDFC First Bank is exhibiting initial indications of a reversal situation as the bank’s margins are getting stable, the quality of its assets is improving, and the fresh lending avenues are expanding. IDFC First Bank is drawing investor...
Foreign Institutional Investors (FIIs) are significant players in global financial markets, comprising various entities such as mutual funds, pension funds, and hedge funds, among others. They invest substantial capital across international borders, influencing the...
During Thursday’s trading session, the shares of a private sector bank engaged in the business of banking services jumped nearly 6.4 percent on BSE, after the company announced Q4 FY25 business updates with strong loan and deposit growth. Price Movement With a market...
A leading private sector bank, renowned for its retail-focused lending and digital banking solutions, has released its Q3 performance metrics. Despite strong growth in deposits and loan book, with customer deposits surging 28.8% YoY, the bank faces scrutiny as its...
