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RBI Give Its Nod To Re-appointment Of V. Vaidyanathan As MD, CEO Of IDFC FIRST Bank

After the merger of IDFC Bank and Capital First, he took charge as the IDFC FIRST Bank's MD and CEO in December 2018.

Photo Credit : The Hindu BuisnessLine

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The Reserve Bank of India (RBI) has given a green signal for the re-appointment of V. Vaidyanathan as the Managing Director (MD) and Chief Executive Officer (CEO) of IDFC FIRST Bank.

The   IDFC FIRST Bank in a regulatory filing mentioned reappointment of Vaidyanathan as MD and CEO is for three years which is going to be effective from December 19, 2021.

Apart from that, the said re-appointment is also bound to the approval of shareholders at the ensuing Annual General Meeting of the Bank which is going to take place on September 15 this month.

Meanwhile, after the merger of IDFC Bank and Capital First, he took charge as the IDFC FIRST Bank's MD and CEO in December 2018.


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v. vaidyanathan rbi Idfc first bank