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.

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