Mr V Vaidyanathan, MD & CEO, IDFC FIRST Bank, speaks to CNBC TV18 on Bank’s Vodafone Idea exposure

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Good that he is focusing more on retail

suprabhat
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he did not disclose how much is secured and how much is un secured.

aswani
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Last time also he covered taxes, this time provisions next time also they will give loss quarter

prg
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Why idfc first bank is not listed on any e-commerce website for emi optipns??if your focus is on retail customers how can u miss such a big ecommerce market??

abhishekmodi
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I am having IDFC first bank share @43. Should I hold or sell or average on dip???

mbdAli
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Coming forward and acknowledging will not help beyond a point Mr Vaidhyanathan.
You are covering with your interviews but have no control on loses in books as well as in share price.

Please do it something. Enogh of lip service.

yashbir
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Invest in Idfc first bank share Wait for 5 -10 years you will get big return.

arunprakash
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VV, below are two issues I posted on an analyst's YouTube Channel as he commented about your interviews and Q3 results. I repeat them here with slight modification as this is directed to you. I support your longer term vision and approach and so I am a shareholder, but certain things are making me uncomfortable. Please seriously consider publicly addressing them. Here they are:

1) As of the CNBC video, and related news for past week about SC verdict of AGR, it is almost certain Vodaphone will not be able to pay the full 3300cr to IDFC Bank. So far, 50% is provisioned, say 1650 (of the total IDFC Bank 2305cr provision for Q3, p44). My serious problem is, now as of the last week, why you, VV, not coming on TV and stating that the remaining 1650cr will also have to be provisioned in Q4 or later, either in full or part amount over few future quarters? Any reason you are not addressing it?

2) If we look at your watchlist on p33 of your Q3 presentation, 1650cr (Vodaphone balance, after provisioning) is NOT listed as a possible concern under watch by you. Should you not have added this to that list? Do you not expect us to see this as something suspicious? If this large amount is missing from the list, and you show only issues less than 1000cr, are there OTHER amounts greater than 1000cr you are NOT showing!!??

It is good that your are being forthright, but therein lies the more serious problem: The more forthright you become, the more you are expected to remain even MORE forthright! I continue to remain a shareholder of the bank and will add at opportune moments.

vincentpinto
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Rest vaidyanathan stick to his post by giving all explaination.
If they dont extend these type of loans, they cannot survive in the bank.
All top management to be srutnised for their participation n for sharing booty n moving away to other institutions.

globalglass
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IDFC FIRST BANK WILL TURNOUT TO BE NEXT PMB

mirhussain
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Buy Yes bank n vodafone.
Risky but if luck turn you will be millionaire.

globalglass
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Please don't invest in IDFC's first bank. It will be waste of money

mirhussain