Excluding MFI, want good asset quality along with 20% growth for rest of the book: V Vaidyanathan, IDFC First Bank

Excluding MFI, want good  asset quality along with 20% growth for rest of the book: V Vaidyanathan, IDFC First Bank

V Vaidyanathan, MD & CEO, IDFC First Bank, says the bank has launched several business lines, including cash and wealth management, which are vital for the bank’s future growth. These investments will generate returns. As they aim for profit, he expects the cost-to-income ratio to improve over the next four to five years. Currently, IDFC … Read more

IDFC First Bank Share | NPA: Our trip in life is our gross NPA should never cross 2%, our net NPA 1%. We are working to that formula: V Vaidyanathan

IDFC First Bank Share | NPA: Our trip in life is our gross NPA should never cross 2%, our net NPA 1%. We are working to that formula: V Vaidyanathan

For us, this culture about having low NPA is a fetish. Our trip in life is our gross NPA should never cross 2%, our net NPA should never cross 1%. We are working to that formula, says V Vaidyanathan, MD & CEO, You kept on working towards taking IDFC or Capital First to be an … Read more