Thread by @_jaychandarana_

IDFC FIRST BANK - 'Always you first.'
My stock pick for the next decade.
Key Reasons:
->Quality & Ethical Management
->Good Sector
->Sustainable Moat(difficult to get new banking license in India)
->Retail Focused Bank
->Available at cheap valuations
#IDFCFirstBank

Headed by Visionary and Ethical Leader : Mr. V Vaidyanathan

Company's Vision : 'We want to create the world's best bank, right here in India, for aspiring Consumers and for Enterpreneurs.'

Company right on track as per given plan at the time of merger.

IDFC FIRST Bank names India’s iconic personality Mr. Amitabh Bachchan as Brand Ambassador.

***Key Excerpts from Annual Report 2019-20***

A lot happened this year and a strong foundation was built for the bank which can't be seen by just looking at P&L numbers.

Part 1 :

#IDFCFIRSTBank

Part 2 :

Part 3 :

Part 4 :