IDFC First Bank: 3 reasons why Investec sees 24% upside

Investec has upgraded IDFC First Bank’s rating to “Buy” with a target of Rs 90 per share, expecting a 24% increase. The bank’s focus on retailization is almost complete, leading to potential operating gains. With decreasing credit costs and a strong loan growth, the bank is poised for impressive earnings growth. Its high fixed rate […]