IDFC Bank MD & CEO Targets Reduced Credit Costs to Boost Earnings

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Finance

27 July 2026 at 1:21 am

IDFC Bank MD & CEO Targets Reduced Credit Costs to Boost Earnings

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Summary

V Vaidyanathan, MD & CEO of IDFC Bank, stated that the bank's credit cost was 2.13% of loans, slightly above the 2.10% guidance. Encouraged by first-quarter credit quality, the bank aims to reduce credit cost to 1.5% to 1.6% this year.

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IDFC Bank MD & CEO Targets Reduced Credit Costs to Boost Earnings | HyperFast