RBI approves re-appointment of V. Vaidyanathan as MD & CEO of IDFC First Bank

·         The Reserve Bank of India (RBI) has given its approval for the re-appointment of V. Vaidyanathan as the Managing Director and Chief Executive Officer ('MD & CEO') of IDFC First Bank.

·         Vaidyanathan has been appointed for a further period of three years, with effect from December 19, 2021.

·         He took over as MD and CEO of IDFC First Bank in December 2018 for the first time after the merger of IDFC Bank and Capital First.

Important facts

About IDFC First Bank

v  IDFC First Bank Headquarters: Mumbai;

v  IDFC First Bank Established: October 2015