CEO Speak

V Vaidyanathan, IDFC First Bank CEO, on economic slowdown

Making provisions for unforeseen hiccups comes naturally to V Vaidyanathan, CEO of IDFC First Bank, who believes things are set to get exceedingly better

|
Published 3 years ago on Dec 12, 2019 5 minutes Read
Vishal Koul

If you have turned on the television any day over the past few months, between 8 pm and 10 pm, and tuned into a news channel, you would have definitely noticed five to six talking heads, all talking (individually or even together) about the ongoing economic slowdown or a related topic. That’s the first thing V Vaidyanathan, CEO, IDFC First Bank observed when he took the stage at Outlook Business Leading Edge 2019. It’s the elephant in the room wherever you go. And India is not alone. Global growth forecasts are anything but upbeat. Some of the brightest nations are stuck in low gear.