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 in cost-to-income ratio over the next four years. Despite current challenges, particularly in the MFI sector, he remains confident in achieving growth targets, supported by strong deposit growth and asset quality.
US dollar makes weekly gains on renewed trade deal optimism
The dollar is poised for a weekly gain against major currencies amid optimism surrounding potential U.S.-China trade talks, fueled by a recent U.S.-UK trade agreement.
May 10, 2025