VERIFIEDET Finance·31 Jul 2026neutral

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

AI Summary

·IDFC First Bank's MD and CEO, V Vaidyanathan, stated that the bank initially had a Casa ratio of only 10%.
·The bank focused on building its Casa ratio to 50% over three to four years by slowing down the loan book.
·Vaidyanathan believes in a long-term strategy to address structural issues within the bank.