IDFC FIRST Bank MD V Vaidyanathan helps his driver, support staff buy homes with Rs.3.95 cr in bank shares
V Vaidyanathan has made a wonderfully kind gesture towards his driver and other support staff. The Managing Director (MD) of IDFC First Bank has gifted shares of the bank's stock to these staff to help them buy homes. Vaidyanathan, the CEO of IDFC First Bank gave his trainer, housekeeper, and driver, as well as two other persons, shares of the bank's stock. V Vaidyanathan, who also serves as Managing Director (MD) of IDFC First Bank gave the aforementioned 5 people 9 lakh shares worth over 3.95 crores to assist them in purchasing homes. The five people to whom the Bank MD gave the shares are unrelated to the top officials of the public sector bank. According to rumours, he had already handed several individuals shares in his personal capacity in order to assist them. V Vaidyanathan gifted 9,00,000 equity shares of IDFC First bank held by him on February 21, 2022, according to a regulatory filing made by the bank on Monday. IDFC First Bank MD & CEO V Vaidyanat...