IDFC First Bank raises FY27 RoA and NIM guidance
pre-market1 source ↓written by the desknot a recommendation
- expectation
- 1%
- guidance
- 5.8%
- cost guidance
- 150-160 bps
- following improved asset
- 170-180 bps
IDFC First Bank has upgraded its FY27 profitability guidance, raising return on assets (RoA) expectation to 1% and net interest margin (NIM) guidance to 5.8%. Additionally, it lowered credit cost guidance to 150-160 bps from 170-180 bps following improved asset quality. This positive outlook may enhance investor sentiment in the banking sector.
• RoA expected at 1% for FY27
• NIM guidance raised to 5.8%
• Credit cost reduced to 150-160 bps
Not investment advice. For informational purposes only.