Quote on IDFC Ltd & IDFC First Bank merger By Dr. V K Vijayakumar, Geojit Financial Services
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/f80c521d9bba78394cafd79edeb9ecd6.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below Quote on IDFC Ltd & IDFC First Bank merger 04 July 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
IDFC’s proposed merger with IDFC Bank, on the line of the reverse merger of the parent HDFC Ltd with HDFC Bank indicates the consolidation happening in the Indian banking system. This is a healthy development.
IDFC Bank has been constrained by its high cost borrowing and this high cost-income ratio has been weighing on profitability. But during the last one year the cost-income ratio has been steadily coming down and the GNPAs and NNPAs also have been showing a declining trend. Deposit growth also is impressive. The merger can accelerate this trend and make the bank stronger.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f6904419b2f1cb985436195010d0ee3d.jpg)
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
![Morning Market Quote :In spite of this net institutional selling Nifty is up by 434 points for the month so far Says Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/d04a18db325c9705186bbe1f1e7e84e6.jpg)
![Quote on the Impact on sectors ahead of G20 Summit 2023 from Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/85c397d2a314597b8ca2248ac54a6e69.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/c6f6ade787c7737a6cccdf9ab9b20b19.jpg)
Market Wrap Up : At the very start of the week zone Says Mr. Osho Krishan, Angel One Ltd
![The health crisis India is going through and localised lockdowns & restrictions on economic activity warrant a market correction - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/b911f21ae1b87dedc7ccdc3ceeccc5ae.jpg)
![Daily Market Commentary : Domestic equities were lacklustre amid an uncertain global environment Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/a966c9f43c15f5f48fb50f31655fc0df.jpg)
![Market Wrap Up : Our market started the day on a frail note, tracking the weakness across the Asian bourses Says Mr. Osho Krishan, Angel One](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/03/732021e01f53635e1bfcf83bd4dc8172.jpg)