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@article{188857,
        author = {Mayank Choudhary and CA Dr. Shyamsundar Das},
        title = {Understanding The Banking Sector and analysis of IDFC First Bank: An Equity Research Perspective},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {7},
        pages = {3830-3835},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=188857},
        abstract = {This research paper presents an equity research analysis of IDFC First Bank within the context of the Indian banking sector. Using publicly available data, the study develops a comprehensive financial model to evaluate the bank’s current performance and future valuation potential, supported by an overview of key macroeconomic and structural factors influencing the banking industry.
The analysis examines IDFC First Bank’s loan portfolio mix, deposit structure (including CASA ratio), cost of funds, and key financial metrics such as Net Interest Income (NII), Return on Assets (ROA), Return on Equity (ROE), and asset quality indicators including GNPA, NNPA, and slippages. Liquidity and efficiency ratios such as Loan-to-Deposit Ratio (LDR), Liquidity Coverage Ratio (LCR), and yield metrics are also assessed.
The study further benchmarks IDFC First Bank against peer banks—RBL Bank, AU Small Finance Bank, Federal Bank, IndusInd Bank, and Axis Bank—to evaluate relative performance and valuation. Qualitative factors such as management quality, branch expansion strategy, shareholding pattern, and stock price performance complement the financial analysis. Overall, the research provides a data-driven investment perspective on IDFC First Bank’s growth potential and competitive positioning within the Indian banking sector.},
        keywords = {Equity Research, IDFC First Bank, Financial Performance Analysis, Indian Banking Sector, Valuation and Peer Comparison.},
        month = {December},
        }