By Avinash Pathak The initial prediction was of a strong summer with above-normal temperatures, which has been prevalent in many parts of India. And it has raised expectations among consumer durable makers of a pickup in sales of fans, A/Cs, refrigerators and air coolers. However, February and March have been slightly encouraging, with dealers starting […]
IDFC First Bank (IDFCFB) is focusing on growing its loan book through retail and commercial loans, which form 77% of funded assets and saw a 31% CAGR over Dec’20-Dec’22. Since the drag from the wholesale book is moderating, we expect the bank to embark on a strong growth trajectory. We estimate a 25% CAGR in […]
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