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    HomeNewsBusinessRBI approves appointment of V Vaidyanathan as MD, CEO of IDFC First Bank

    RBI approves appointment of V Vaidyanathan as MD, CEO of IDFC First Bank

    Last month, IDFC Bank and non-banking financial company Capital First completed their merger, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity IDFC First Bank.

    PTI
    January 18, 2019 / 19:50 IST

    The Reserve Bank has approved the appointment of V Vaidyanathan as MD and CEO of IDFC First Bank for a period of three years, according to a regulatory filing. His tenure is effective from December 19, 2018.

    Last month, IDFC Bank and non-banking financial company Capital First completed their merger, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity IDFC First Bank.

    Following the merger, the board of IDFC First Bank approved the appointment of Vaidyanathan as MD and CEO of the new entity.

    PTI
    first published: Jan 18, 2019 07:47 pm

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