True. Loans sanctioned in Dr. Lal times still carry some npa risk. As this very first post in IDFC BANK thread describes Dr. Lall’s promises in 2015, he was over enthusiastic then and has been unable to deliver on them. That has been, in my opinion, major reason for undervaluation of market price of IDFC BANK.
Now that he is stepping down and Vaidyanathan sir coming in, we have bright chances of not only re-rating but also stellar long term performance of the bank.
