IDFC First Bank CEO V Vaidyanathan says microfinance stress is over, eyes 5.8% NIM in FY26
First Bank(US:FRBA) The Economic Times·2025-10-20 11:05“We were affected by the microfinance impact, but that’s now behind us,” said V Vaidyanathan, MD & CEO of IDFC First Bank, in an interview with ET Now.He added, “You’ll now see our net interest margin improving. Repo rate pass-throughs are complete, the balance sheet is growing well, and Asset quality steady, credit costs decliningVaidyanathan pointed out that Special Mention Account (SMA) numbers and slippages have improved consistently over the past six quarters.“Our SMA-1, SMA-2, and NPA numbers are com ...