Welcome to Seasonal Magazine's New Podcast Series, Most Promising Organizations Post Lockdown. In today's episode we discuss the prospects of IDFC First Bank.

Is IDFC First Bank Poised to Rebound Post Lockdown? 

Soon into the lockdown, when Mr. V Whaidya-Naathan rushed in to raise 2000 crore rupees as fresh equity from the market, there were people who either thought it was unnecessary or as a move that will result in dilution. But the way things have unfolded since then, proved that the IDFC MD & CEO was perfectly wise in his decision. In fact, the market trusts his acumen in reading the signals, and that is why the fresh equity raise had strong support from institutional investors as well as key stakeholders. The market knows this is a banking stock that can rebound as and when the lockdown eases and normalcy returns to the banking sector.