This bank says it will keep growing at 25%
IDFC First bank was formed as a result of merger of IDFC Bank and First Capital.
It's CEO V. Vaidyanathan has a rich experience of 30 years in the banking industry.
IDFC First Bank has shown impressive performance in the last 4 years.
The CEO said the bank will keep its Net NPA (Non Performing Loans) below 1% going forward.
Currently, the ROA is at 1% and the bank has guided for a 2% ROA in the near future.
Vaidyanathan believes the bank will continue to grow at 25% year over year for a few years and looks ahead at a large book size.
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