I have had a salary account, which is also a 3-in-1 account with Zerodha, - IDFC Bank - and the bank has been the best bank for me with great SB features, great online interface, great cards etc. I cannot imagine having an account or card with Kotak. So ideally given all the growth in the bank and such a good CEO in VV, would expect this to be high
looking at price/book
Kotak (after the fall) and HDFC are at 2.7 Price/book and almost 0 returns over 5 years
IDFC First has a Price to book of only 1.4
Must be a screaming buy at this price. Am I missing something?