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CLSA upgrades IDFC First Bank to ‘buy’, raises target price by 19%; here’s why

Tags: bank clsa idfc

Following the announcement of Q3FY23 (October-December) earnings of Idfc First Bank Ltd, global brokerage house CLSA said that the private bank has shown stable momentum in liabilities, despite tough cycle. Earlier, the brokerage had identified this as a crucial area to watch, and according to its analysis, some peer banks noticed a slowdown. With more [...]



This post first appeared on TheSpuzz, please read the originial post: here

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CLSA upgrades IDFC First Bank to ‘buy’, raises target price by 19%; here’s why

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