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Here's a quick thread on #IDFCFirst - from growth in retail lending to Vaidyanathan's leadership.
1. On 15 Sep, the Govt gave beleaguered telco Vi (formerly Vodafone Idea) something the company hadn’t had for a long time - hope. This came in the form of a relief package for the telecom sector, one which offered telcos a moratorium of up to four years on dues owed to the govt.
2. That said, the govt’s recent relief package for the telecom sector not only brought joy to Vi, but also to the banks it owed like IDFC First. Although IDFC First is still dealing with these legacy issues, it is also moving more towards retail lending under Vaidyanathan's watch
