Has someone done an analysis of what will be the price of IDFC bank one year or two years on from the share being issued 1:1 for IDFC? Price / book one would get for IDFC bank would be less than around 1.2. HDFC bank trades around 4 times book. Even if IDFC bank takes three to five years to achieve that, seems to be a good long term bet. Would request counter views or other analysis on this
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