Can I read Federal Bank Equity Research Report on EtoBox?

Federal Bank Equity Research Report by bbaalluu is a document available to read on EtoBox.

What is Federal Bank Equity Research Report about?

Federal Bank is a Kerala-based private sector bank that distinguishes itself through a strong liability profile, well-distributed credit book, improving asset quality, and healthy net interest margins. The analyst initiates coverage with a BUY rating and target price of Rs141, valuing the bank at 1.4x price-to-book value. Loan growth is expected to pick up as the bank focuses on SME and retail lending. Improving asset quality and lower loan loss provisions are expected to substantially increase core profita

Author

bbaalluu

Language

EN