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.
ETMarkets Smart Talk: Growth vs Value – Sonam Srivastava on navigating the next leg of the market rally
While a soft landing remains a possibility, the market’s performance will depend on how effectively central banks navigate interest rate adjustments and how global economies