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.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is