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Source: Economic Times

Economic Times
Source
Appointments & Movements
Category
4 min
Read time
30 Jul
Published
Appointments & Movements
4 min read· Economic Times

Mid-tier private banks rake in more low-cost deposits

"Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book and focused on building the Casa ratio to 50%," V Vaidyanathan, MD and CEO, IDFC First Bank, told ET in an interview. "If we had kept growing the loan book, we could never have addres…

"Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book and focused on building the Casa ratio to 50%," V Vaidyanathan, MD and CEO, IDFC First Bank, told ET in an interview. "If we had kept growing the loan book, we could never have addres

Source: Economic Times