About this document
IDFC First Bank: Retailisation Strategy Report by Praveen P is a document available to read on EtoBox.
- ICICI Securities initiates coverage on IDFC FIRST Bank with a BUY recommendation and target price of Rs73. - The bank has made significant strides in retailization and granularization of its business through a strategic roadmap focused on retail assets and liabilities. - However, its current return profile is dragged by a high-cost structure, low fee income, and elevated credit costs from the pandemic. Superior incremental retail economics demonstrate future potential.
- Author
- Praveen P
- Language
- EN