“Suppose our loan book today is Rs 1 lakh crore. If a balance sheet doubles every three and a half years or so, we should look at Rs 5 lakh crore, Rs 10 lakh crore and Rs 20 lakh crore. This game will never stop, it will definitely go past my lifetime. 25% growth per annum, 2% ROA will be IDFC First Bank’s story for a long, long time.”
Melody effect: Wrong ‘Parle’ stock hits 5% upper circuit for 4th day, up 21% since PM Modi’s gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle