The Slack Discussions The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this email. (If you’re a trial member this probably sound like Greek to you; it will be available when you sign up!) A brief summary of some of the interesting things discussed there in the last few days: #stocks: IDFC Bank begins life: How Rajiv Lall plans to grow it IDFC Bank kick-started its lending operations today, a little over a year after receiving its banking licencing from the Reserve Bank of India. IDFC Bank will be offering 9.50 percent base rate to its customers, says Rajiv Lall, executive vice-chairman and MD of IDFC Bank. Lall is confident that the bank will deliver at least Rs 1,000 crore profits in the current year. “We are confident that year-on-year (Y-o-Y), we will grow our profits after tax (PAT) at least 10-15 percent every year,” he said.… (Read On…)
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