Question is asked on 47.50 time.
The question i think is asked not by capital first share holder (now idfc first) but by the share holder of the bank (pre merger)
He is coming from the point of view of the bank shareholder.
VV is right in answering that the skeletons found are of the previous management.
He of course missed doing the correct risk assessment of the Bank books, we do not need a confirmation from VV on that but i won’t be very harsh on VV as long as he himself has skin in the game going forward.
MF cycle should turn positive back in 3/4 quarters. Fingers crossed!
B/w VV is ahead of us all. Sold small shares in 2023 itself.
IDFC First Bank’s MD and CEO V Vaidyanathan to raise stake in bank | Company News – Business Standard
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