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Samraat

Samraat Jadhav  |2098 Answers  |Ask -

Stock Market Expert - Answered on Jul 03, 2023

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
Asked by Anonymous - Jul 01, 2023Hindi
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Hi Sir, Pls suggest on IDFC First Bank, What’s the future and Prospects of the bank..?

Ans: With strong support from the retail segment, both deposits and advances are witnessing stellar growth. We expect both to deliver 24% growth over FY2325E. The cost-to-income ratio, which was a major overhang for the bank, is showing consistent improvement. It is expected to improve further as the business scales up. Additionally, the substitution of legacy high-cost borrowings with low-cost deposits will support the margin. Both of these factors will be beneficial to the bank.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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