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After a decade-long stint at ICICI, Vaidyanathan acquired a stake in an existing listed non-bank financial institution and guided it through a transformation into Capital First, ultimately merging it with IDFC Bank to form IDFC First Bank in 2018. [4] [5] In 2022, he was awarded the Ernst & Young Entrepreneur of the Year Award. [6]
In 2010, V. Vaidyanathan, then MD and CEO of ICICI Prudential Life, was appointed as the vice-chairman and MD of Future Capital Holdings. Vaidyanathan obtained a 10% stake in the company as part of the deal. [11] [12] The company later exited legacy businesses of forex, wealth, and broking, and reduced wholesale lending sharply. [13]
[18] 139 shares of IDFC Bank were issued for every 10 shares of Capital First as part of the merger share swap. [19] The merger completed in December 2018, with IDFC Bank changing its name to IDFC First Bank. [20] [21] Vaidyanathan took over as the MD and CEO of the merged entity. The Reserve Bank of India approved his appointment for a period ...
Pages in category "IDFC First Bank" ... V. V. Vaidyanathan This page was ... Contact Wikipedia; Code of Conduct; Developers;
In 2008–09, the company acquired 100% of the share capital of IDFC Capital (Singapore) Pvt Ltd. In the same year, the company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives. [9] IDFC Bank started operating banking services on 1 October 2015. [10]
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Kunnakudi Vaidyanathan (1935–2008), Indian classical music violinist L. Vaidyanathan (1942–2007), Indian musicologist L. V. Vaidyanathan (1928–2000), Indian soil scientist
Narayanan Vaghul (1936 – 18 May 2024) was an Indian banker and philanthropist, who served as chairman and managing director of ICICI Bank, one of India's largest private sector banks.