Elevated credit cost drags down earnings

Company

29 Jul 2024 | 5 Min Read

IDFC First Bank's 1QFY25 financial performance

NII growth and margin contraction

Provisions, Opex, and C/I ratio trends.

Net advances and deposit growth

CASA mix and credit cost

Asset quality indicators.

Management's future targets and outlook

Neutral rating with revised TP

Expected credit cost going forward.