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Year of reckoning: IDFC First Bank has a retail edge with V Vaidyanathan

V Vaidyanathan is a retail veteran having been retail head at ICICI Bank

V Vaidyanathan
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Vaidyanathan, Capital First

Anup Roy
On December 18, IDFC Bank completed its merger with Capital First to form IDFC First Bank. V Vaidyanathan, founder chairman of Capital First, will be the managing director and chief executive officer of the merged entity that will start operations with a combined loan book of Rs 1.03 trillion. 

IDFC Bank was carved out of the erstwhile term-lending institution IDFC Ltd. in October 2015, being one of two entities to get a full-service bank licence from the Reserve Bank of India (RBI) in a decade. But the bank had a bloated balance sheet from legacy term loans, which it wanted to

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