The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore (USD 7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning season.
Excluding MFI, want good asset quality along with 20% growth for rest of the book: V Vaidyanathan, IDFC First Bank
IDFC First Bank’s CEO V Vaidyanathan outlines the bank’s strategic investments in new business lines like cash and wealth management, aiming for profitability and reduction