In FY22, our loan book should grow by 20%: IDFC First Bank MD & CEO

V Vaidyanathan talks about the bank's growth plans, its retail-focused approach when it comes to growing its loan book, and its corporate strategy

After the quarterly result, where the bank reported a net loss of Rs 630 crore due to higher provisions, V Vaidyanathan, managing director and chief executive officer, IDFC First Bank, in conversation with Subrata Panda, spoke about the bank's growth plans, its retail-focused approach when it comes to growing its loan book, and its corporate strategy. Edited excerpts: 
 
Your provisions were the highest this quarter and you have made a loss. Do you think non-performing assets (NPAs) will go up? 
 
We are very formula-driven by the delinquency stage when it comes to provisions. This time there were lockdowns, there was