“Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book and focused on building the Casa ratio to 50%,” V Vaidyanathan, MD and CEO, IDFC First Bank, told ET in an interview. “If we had kept growing the loan book, we could never have addressed structural issues like this. I believe in playing the long game in every format.”
Yen weakens after intervention-led surge ahead of BOJ policy decision
The Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal Reserve’s inflation stance. Japan
July 31, 2026