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IDFB – IDFC First Bank Ltd

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Recommendation Rating

2.55

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4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.59

Low: 0.39

High: 0.76

Total Analysts: 3

Company Profile

IDFC FIRST Bank Limited is an India-based banking company. The Company’s segments include Treasury, Corporate/Wholesale Banking and Retail Banking. The Treasury segment primarily consists of Bank’s investment portfolio, money market borrowing and lending, investment operations and the entire foreign exchange and derivative portfolio of the Bank. The Corporate/Wholesale Banking segment provides loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking and syndication. The Retail Banking segment constitutes lending to individuals/business banking customers through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. The Company operates approximately 596 branches and over 677 automated teller machines (ATMs).

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