IDFC First 2.0: 80% of deposits retail now; to touch Rs 6 lakh cr in 5 years: V Vaidyanathan

July 29, 2024

IDFC First Bank’s CEO, V Vaidyanathan, discussed the impact of recent Tamil Nadu floods on their joint liability group loans, leading to higher provisions. However, strong deposit growth and diversified loan book are keys to their stable future. The bank aims to enhance profitability through a growing retail deposit base and effective risk management.

More To Explore

Swiggy IPO set to unlock doors of crorepati club for 500 employees

So far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. Sources told ET that

November 13, 2024

Asian stocks fall ahead of key US inflation data

Stock benchmarks in Tokyo and Sydney retreated after the S&P 500 slipped following its biggest five-day advance in a year. The Bloomberg Dollar Spot Index

November 13, 2024

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003