Recently, one of the YouTube influencers and motivational speakers, Sandeep Maheshwari, talked about one of his investments, which is a bank, but have you ever thought about In which bank did Sandeep Maheshwari Invested?
In short, Sandeep Maheshwari has invested in IDFC First Bank, and if you want to know how I came to know this, then be with me because I closely watched two sessions of his and connected the dots and came to this conclusion.
Note: We would highly recommend that you not follow blind advice from anyone. This blog intends to educate you on how to analyze any organization using a qualitative and quantitative approach. Maybe our prediction is not 100%, which is why we’re not encouraging anyone to invest blindly.
Table of Contents
The story so far.
AI is taking jobs in almost all sectors, and photography is also one of them.
As we know, Sandeep Maheshwari is in the stock photography business (Imagssbazaar.com), where they provide stock images to corporations.
But as ChatGPT came onto the market, everyone panicked because of its generative capabilities.
Now Sandeep Maheshwari thought, instead of creating a business from scratch, let’s buy stocks, and he decided to go for an investment in the stock market.
After filtering through lots of sectors, he decided to go for the banking sector and bought IDFC First Bank stocks.
Now let’s discuss how I came to know whether those stocks are from IDFC First Bank or not.
In which bank did Sandeep Maheshwari Invested?
Hints of the bank name given by Sandeep Maheshwari
In two sessions, Sandeep Maheshwari gave hints to their audience in terms of suggestions, and I connected all the hints, and here is a list of hints.
First Hint: Sweeping Facility:
Sweeping facility means when you set a maximum limit in your savings account (let’s say $1000), and after this limit, all your money would be deposited in your fixed deposit account.
In the same way, when you set a minimum limit on your savings account and when funds go below the minimum limit, the bank would use your fixed deposit account to maintain the minimum amount in your savings account.
But now that most popular banks provide these facilities, it is still unclear. So let’s move on to the second hint given by Sandeep Maheshwari.
Second Hint: Increasing deposits in banks and CASA ratios above 40%
Banks like HDFC, ICICI, and Kotak Mahindra Banks have a CASA ratio of approx. 40%, but at this point, we’re still not sure about the name of the bank.
Here, increasing deposits in the bank show that people have trust in this bank, which is why they’ve opened accounts there.
Third Hint: Stock prices have fallen by 10-15% in the past 6 months.
Still, we were confused about the name of the bank, but later on, he said The current stock price of that bank is shocking”.
Fourth Hint: Excellent track record of the CEO:
We read about almost all the CEOs of top banks, but we’re still not sure.
Fifth Hint: New Age Bank: Later on, Sandeep Maheshwari also stressed on point what this is: a new age bank. This means this bank is technologically upgraded and works with current market trends.
Sixth Hint: Having a Market Cap of 50,000 Cr.
At this point, we prepared a list of all banks, and after filtering them out, we got a name called “IDFC First Bank”.
IDFC First Bank fulfills all the hints.
Seventh Hint: The NPA Ratio should decline.
If we see the net NPA ratio of this bank, it is 0.70%, which is less than 1%.
Eighth Hint: Diversified portfolio
Here Sandeep Maheshwari said that a portfolio should be well diversified and the focus should be on personal banking rather than wholesale banking.
In which bank did Sandeep Maheshwari invest?
After connecting all the dots and hints given by Sandeep Maheshwari, we found a bank that is IDFC FIRST. Bank reasons are given below.
- This bank is at ₹ 59,958.54 crore in market cap.
- This bank provides sweeping facilities.
- This bank has a CASA ratio of 49.77%.
- This bank’s stock price came down by 10-15%.
- This bank’s CEO is V. Vaidyanathan. Which has an excellent track record.
- This bank works excellently in digital banking.
- This bank is more focused on personal banking.
Should I invest in IDFC First Bank?
We would not recommend anyone invest in a particular sector or organization.
First, you should understand how the company works, and after getting confidence from the fundamentals of the company, you can invest.
Sandeep Maheshwari Invested in which bank?
Recently, Sandeep Maheshwari gave hints of the bank where he invested, and that is IDFC First Bank.
Is it okay to invest in IDFC First Bank?
Yes, it is okay to invest in IDFC First Bank because their deposits are increasing and their CASA ratio is also good.
What should I check before investing in a bank?
Before investing in banks, check their CASA ratio, NPA ratio, and the leadership qualities of the CEO and MD of that bank.
Conclusion: In which bank did Sandeep Maheshwari invest?
Overall, we concluded that Sandeep Maheshwari invested in a bank called “IDFC First Bank”.
By connecting the hints given by him, we found the name of this bank.
But this blog is just for information and not for financial advice. Also note that before investing, don’t just check the positive side of any sector or organization.
You have your way to judge based on your decision.
I hope this blog post is useful. Thanks for reading.