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NSE:IDFCFIRSTB News 8 January 2026

IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

Mumbai, January 8, 2026, 11:22 IST Shares of IDFC First Bank rose on Thursday after the lender cut savings account interest rates by up to 200 basis points (a basis point is 0.01 percentage point) and reshuffled balance slabs from Jan. 9. The stock was up nearly 2% at about 86 rupees by 10:45 a.m. IST, after climbing around 3%…

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  • Chime Financial Stock Valuation Amid Recent Price Volatility
    January 30, 2026, 12:20 AM EST. Chime Financial (CHYM) shares have experienced significant swings, dropping over 7% in the past week despite a 44.9% gain over three months. The stock last closed at $24.88, below the $31.67 fair value estimated on growth and profitability projections. New offerings like Chime Card and MyPay, with a $350 million annual run rate, support increased earnings per user and margins. However, future valuations depend on steady revenue growth, margin improvement from losses to profits, and controlled credit losses. Trading at a price-to-sales ratio of 4.5x, above industry and peer averages, questions remain on the premium for a still loss-making fintech firm. Investors face a choice: buy the dip or price in future growth challenges.
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