23 Oct 2025 | 5 Mins Read
IDFC First's stable growth may outweigh faster gains elsewhere
Flipitmoney
Federal Bank's and IDFC First Bank's shares are soaring as overseas banks acquire mid-cap bank stocks, leveraging loan/credit growth opportunities in India. Federal Bank's Q2 profit fell 9.5% y-o-y to Rs 955.3 crore, while IDFC First Bank's profit rose 76% y-o-y to Rs 352.3 crore due to lower provisioning. Federal Bank trades at a 15x P/E, while IDFC First Bank trades at over 30x P/E.