Buy IDFC First Bank; target of Rs 105: Motilal Oswal

Motilal Oswal's research report on IDFC First BankIDFC First Bank (IDFCFB) has delivered strong balance sheet growth, with advances and deposits registering a CAGR of 21% and 26%, respectively, in the past three years. Deposit growth has outpaced loan growth as the liability franchise has scaled up…