Thread by @nakulvibhor

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

3. #Vaidyanathan has already pulled off a successful retail lending play when he helmed Capital First. Currently, he’s working on scripting an encore with IDFC First.

4. As the company seeks to build an identity of its own, Vaidyanathan is working on these legacy issues to come back stronger.There’s no surprise that Vaidyanathan heavily leans on his achievements at Capital First to reassure analysts & investors that IDFC First is in good hands

5. I’ve tried to cover up pretty much everything regarding IDFC FIRST Bank’s road to success. You can also read more about it here - the-ken.com/story/idfc-fir…