Stocks To Watch, February 26: IDFC First Bank, IRFC, Waaree Energies, IT stocks, LT Foods, E2E Networks, Gravita India, RVNL
Stocks To Watch: Analysts at BofA Securities note that the ₹529 crore fraud will likely impact CASA growth, cost of funds, and opex. "We believe that this incident presents risk to CASA growth in the near term due to risk of deposit outflow based on news and de-empanelment by any other government account, along with a one-time P&L impact of ₹590 crore."
Stocks To Watch: Analysts at BofA Securities note that the ₹529 crore fraud will likely impact CASA growth, cost of funds, and opex. "We believe that this incident presents risk to CASA growth in the near term due to risk of deposit outflow based on news and de-empanelment by any other government account, along with a one-time P&L impact of ₹590 crore."
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