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.
AMFI Reshuffle: Five midcap stocks that may get upgraded to largecap
Nuvama Institutional Equities expects five midcap stocks, including Bosch, Zydus Lifesciences and Lodha Developers, to move into the largecap category in AMFI’s H1 CY27 reclassification.