IDFC FIRST Bank eyes 20% loan book expansion with fresh capital boost

IDFC FIRST Bank eyes 20% loan book expansion with fresh capital boost

“The thing is that, see, in the last five years our loan book has grown from 1,04,000 crores to about 2.4 lakh crores, five years, a little more than 2x. Now, we think that we should, in a stable manner, grow at about 20 odd percent because remember, we are not a large bank, like … Read more

IDFC merger: V Vaidyanathan on what changes for IDFC Bank shareholders in short, medium and long term

IDFC merger: V Vaidyanathan on what changes for IDFC Bank shareholders in short, medium and long term

V Vaidyanathan, Director & CEO, IDFC First Bank, says “we are very profitable now and have posted PAT of Rs 2,400 crore last year and you know the trajectory. Let me just say that all the items are behind us. Now even the corporate streamlining is behind. I really think that in the next three … Read more

Expect at least 40% rise in deposits for IDFC First Bank: V Vaidyanathan

Expect at least 40% rise in deposits for IDFC First Bank: V Vaidyanathan

“I think there really is a good amount of customer service and good products that we have in the market place and also goodwill is fantastic for our bank. So it is all coming together,” says V Vaidyanathan, MD & CEO, IDFC First Bank.Your deposit growth is 44% while the industry is facing some pressure. … Read more