Pending — not yet graded
“Bullish on IDFC First Bank, projecting a 12% upgrade to its fiscal 2028 pretax earnings. This is attributed to the bank's substantial FCNR(B) deposit share (10.9% of deposits) and a high potential spread of 6.18% on loans funded by these deposits, making it a top beneficiary among mid-tier lenders.”
Nomura Analysis’s track record: 3 graded calls · 95% CI 6–79%
IDFC First BankBullishCalled 08 Sep 2026
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