IDFC FIRST Bank now has a strong funded asset base of more than ₹ 1,10,400 crore with 37% in the retail segment. Its quarterly annualised Net Interest Margin has expanded from 1.9% to 3.0% post-merger.
Similarly, Is IDFC first a good bank?
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.
Which share buy now? Stocks to Buy Today: Best Shares to Buy in India
| Name | LTP | Chg.(%) |
|---|---|---|
| Axis Bank | 793.05 | -0.68 |
| B P C L | 379.00 | -0.42 |
| Bajaj Auto | 3,697.30 | -0.40 |
| Bajaj Finance | 7,328.45 | 0.74 |
Thereof, Is IDFC and HDFC same?
HDFC Bank is most highly rated for Culture and IDFC FIRST Bank is most highly rated for Compensation and benefits .
…
Overall Rating.
| Overall Rating | 3.9 | 3.7 |
|---|---|---|
| Compensation and benefits | 3.4 | 3.5 |
| Job security and advancement | 3.6 | 3.4 |
| Management | 3.6 | 3.2 |
| Culture | 3.6 | 3.2 |
How can I buy IDFC Bank share?
You can easily buy IDFC First Bank shares in Groww by creating a demat account and getting the KYC documents verified online.
Is IDFC Bank in trouble?
IDFC First Bank has gone through a tough phase due to asset quality issues and challenging market conditions. Its numbers now suggest that the lender has addressed most of its problems. IDFC First Bank’s profit more than doubled to Rs 281 crore in the third quarter ended December.
Is IDFC first a Nationalised bank?
IDFC Bank Limited (“IDFC Bank”) is a professionally managed new private sector bank in India, promoted by IDFC Limited (“IDFC”).
Is IDFC First Bank a government bank?
IDFC First Bank (formerly IDFC Bank) is an Indian private sector bank that forms part of IDFC, an integrated infrastructure finance company. The bank started operations on 1 October 2015, after receiving a universal banking licence from the Reserve Bank of India (RBI) in July 2015. It is listed on BSE and NSE.
Which share price is below 1 RS?
below one rupee stocks
| S.No. | Name | Mar Cap Rs.Cr. |
|---|---|---|
| 1. | Kretto Syscon | 14.90 |
| 2. | Shalimar Prod. | 93.51 |
| 3. | Seven Hill Inds. | 11.44 |
| 4. | Alka Securities | 5.76 |
Which share is lowest price?
low price shares
| S.No. | Name | B.V. Rs. |
|---|---|---|
| 1. | Taparia Tools | 776.20 |
| 2. | B & A | 359.45 |
| 3. | I O C L | 136.23 |
| 4. | Keynote Finan. | 137.21 |
Which share will grow in future?
growth stocks for future
| S.No. | Name | Qtr Profit Var % |
|---|---|---|
| 1. | Krsnaa Diagnost. | 331.83 |
| 2. | Bhansali Engg. | -44.40 |
| 3. | Supreme Petroch. | -4.13 |
| 4. | IOL Chemicals | -65.10 |
Which is better HDFC or IDFC?
HDFC Bank scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, Culture & Values, % Recommend to a friend and Positive Business Outlook. IDFC scored higher in 2 areas: Work-life balance and CEO Approval.
Can IDFC become 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’. Sanjiv Bhasin has mustered the courage to describe the stock as the “next HDFC Bank“.
Which bank is better HDFC or IDFC?
IDFC First Bank offers lower Home Loan EMI at ₹ 632 on a Home Loan for 30 Years as compared to HDFC with a minimum EMI of ₹ 645 for 30 Years. Average customer ratings for IDFC First Bank is currently at 4.5/5.0 which makes it a good choice for taking a Home Loan.
Is IDFC First Bank share overvalued?
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.
Is IDFC bank safe?
Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, IDFC First Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.
Is IDFC and IDFC First Bank same?
IDFC FIRST Bank is the board approved name of the new combined entity (subject to requisite approvals). Once the approvals are received, IDFC bank Ltd. will be renamed as IDFC FIRST Bank Ltd.
Is IDFC First Bank Safe 2021?
Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, IDFC First Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.
What is the future of IDFC share?
As on 13th Apr 2022 IDFC Share Price closed @ 61.20 and we RECOMMEND Buy for LONG-TERM with Stoploss of 56.40 & Buy for SHORT-TERM with Stoploss of 61.19 we also expect STOCK to react on Following IMPORTANT LEVELS.
…
IDFC Share Price.
| IDFC CURRENT MONTH FUTURE | |
|---|---|
| Close | 60.35 |
| Change In O.I | -0.46 % |
| Lot Size | 10000 |
Is IDFC FIRST Bank an NBFC?
In 2010, IDFC become the first NBFC to be classified as Infrastructure Finance Company (IFC) by RBI. In 2013, the company applied for Banking License from RBI and obtained in principle approval in 2014 to set up a bank for a period of 18 months.
Who bought First bank?
Femi Otedola, a billionaire businessman, has acquired five per cent stake in First Bank of Nigeria, making him the bank’s single largest shareholder following the crisis that rocked the Board of Directors recently.
Join TheMoney.co community and don’t forget to share this post !
