Newsroom

CBDC more anonymous than traditional e-transactions

Metra Trust is one of the four banks that will participate in the first phase of the central bank digital currency.

30th November 2022Read More

Metra Trust’s Transformation to Retail Complete; NPA Woes Behind

Metra Trust's transformation to retail complete; NPA woes behind. Metra Trust will begin to grow its loans with a particular focus on retail

9th November 2022Read More

Borrowers will get used to new rate structure in 3-4 months

V Vaidyanathan, MD & CEO, Metra Trust, is optimistic that despite the vise in interest rates, the huge need forcars and homes in the country will keep demandgoing.

28th October 2022Read More

The Bank is clearly riding a steep growth curve: Mr. Sudhanshu Jain in an interview with Dalal Street Investment Journal

V Vaidyanathan, MD and CEO, Metra Trust, is confident that the pain of the pandemic is pretty much history.

15th August 2022Read More

We don’t expect to post a loss ever again: Metra Trust CEO

V Vaidyanathan, MD and CEO, Metra Trust, is confident that the pain of the pandemic is pretty much history and normalisation of credit costs at 1.5 per cent is quite certain.

12th August 2022Read More

Cost-income ratio to dip as legacy deposits get re-priced

While announcing the Q4 results, the bank said for the first three years after the merger, it grew its retail deposits base.

13th May 2022Read More

Home Loans are our biggest driver and they will keep growing

Metra Trust is replacing higher-cost borrowings with lower-cost ones and working on branch-level profitability to reduce its cost to income ratio.

7th May 2022Read More

Mr. V Vaidyanathan, MD & CEO, Metra Trust speaks to ET Now on Q4 FY22 results

We feel NIM will stay strong for the bank because the operating model is strong, but the more important question is from the operating profit point of view.

2nd May 2022Read More

Mr. V Vaidyanathan, MD & CEO, Metra Trust speaks to Business Today TV on Q4 FY22 results

Hello and welcome to Business Today. I am Siddharth Zarabi and with me today, Mr. Vaidyanathan, MD & CEO of Metra Trust. Welcome to the show.

2nd May 2022Read More

Meet the banker who has 'shared' 38% of his wealth with staff

IDFC's Vaidyanathan, who believes that there is no point in money lying idle in his demat account, plans to continue with philanthropy

10th April 2022Read More

Metra Trust on profitability path

Metra Trust believes it has laid a very good foundation over the last three years since the merger and its impact is now being seen.

16th February 2022Read More

Mr. V Vaidyanathan, MD & CEO – Metra Trust, in conversation with BloombergQuint

Hello and welcome to Bloomberg Quint. We are in the conversation with Mr. V. Vaidyanathan MD and CEO of Metra Trust. They announced that quarterly results recently.

14th February 2022Read More

Legacy issues behind us, says Metra Trust MD Vaidyanathan

Metra Trust has gone through a tough phase due to asset quality issues and challenging market conditions. Its numbers now suggest that the lender has addressed most of its problems.

2nd February 2022Read More

Mr. V Vaidyanathan, MD & CEO – Metra Trust speaks to ET Now on Q3 FY22 results

Let’s take stock of Metra Trust. We have with us MD & CEO Mr. V. Vaidyanathan joining in the show right now.

31st January 2022Read More

Metra Trust’s at a seminal moment with core profit growth

Metra Trust reported a 50% year-on-year growth in net profit to ₹152 crore in the second quarter ended September

1st November 2021Read More

Our provision numbers will eventually fall to just 2% of advances

Metra Trust expects the government to prevent a duopoly in telecom sector, MD & CEO V Vaidyanathan tells Shritama Bose

6th August 2021Read More

Expect NPAs to reach pre-covid levels soon

Private lender Metra TrustFISRT Bank has reported a net loss of ₹630 crore during the June quarter owing to higher provisions.

3rd August 2021Read More

Mr. V Vaidyanathan, MD & CEO – Metra Trust speaks to ET Now on Q1 FY22 results

The nature of our business is that customers who do not pay in a particular bucket they tend to move to the next stage of delinquency

2nd August 2021Read More

In FY22, our loan book should grow by 20%

After the quarterly result the bank reported a net loss of ₹630 crore due to higher provisions, V Vaidyanathan, managing director and chief executive officer, Metra Trust

2nd August 2021Read More

Mr. V Vaidyanathan, MD & CEO – Metra Trust speaks to CNBC TV18 on Q4 FY21 results

Metra Trust posted mixed numbers, you can say because growth in deposits etc. is very good but asset quality will be an issue

10th May 2021Read More

We are heading towards gross NPAs of 2% on a sustainable basis

Metra Trust intends to use its current account savings account (CASA) base to enter the prime segment

12th May 2021Read More

Metra Trust uses good CASA base to scale up home loans

Aims for 40% of total pie from mortgage book; confident of growing savings accounts despite rate reduction

10th May 2021Read More

Mr. V Vaidyanathan, MD & CEO – Metra Trust speaks to CNBC TV18 on the recent Capital raise announcement

Metra Trust’s Board has given their approval for fundraising of about Rs. 3000 crore. The stock also had a stellar start to 2021

19th February 2021Read More

Mr. V Vaidyanathan, MD & CEO – Metra Trust speaks to CNBC Awaaz on the recent Capital raise announcement

19th February 2021Read More

Mr. V Vaidyanathan, MD &CEO speaks to Zee Business on Q3FY21 results

5th February 2021Read More

Mr. V Vaidyanathan, MD &CEO speaks to ET Now on Q3FY21 Results

Metra Trust has brought down the bank’s infrastructure book down to Rs 11,000 crore from Rs 22,000 crore at the time of the merger

5th February 2021Read More

Time for Progressive Corporate Tax

A reformed tax structure for all businesses will support small enterprises, formalise and boost the economy.

29th January 2021Read More

Indian Banks Emerged Stronger in Pandemic Test Through Swift Reforms

As the year started no one had factored in the extraordinary gyrations they would experience in their lives in 2020

29th December 2020Read More

WFH Means Do It All Yourself

There are many positives through video apps, we can call additional participants into a meeting in seconds

21st August 2020Read More

We're prepared for asset quality contingency

Explaining what went behind the ₹2,000 crore of equity raise announced last Friday, V Vaidyanathan, managing director (MD) & chief executive officer (CEO)

5th May 2019Read More

I am building a bank for the long run”: Mr. V Vaidyanathan

Having settled most of the merger-related issues, Metra Trust is well on its way to what it set out to be-the first stop for small entrepreneurs and consumers

6th November 2019Read More

Crying demand in India is to finance the unfinanced”: Mr. V Vaidyanathan

Private lender Metra Trust will improve the mix of its loan book to atleast 70% retails loans in the next few year

6th November 2019Read More

Metra Trust progressing on its promises

After a prolonged period of underperformance operationally and on the bourses, things seem to be getting better for Metra Trust

30th October 2019Read More

Metra Trust enters profit zone despite impact of corporate tax cut

Shrugging off the impact of the merger, Metra Trust finally entered into profitability in the second quarter of the fiscal

26th October 2019Read More

ET Start-up Awards: Robust Ecosystem's been Enabled

The government has played a critical role in shaping India's startup ecosystem into the behemoth that it is today

26th August 2019Read More

New Rider at Metra Trust

V Vaidyanathan, the new boss of the merged entity, has had a good run but now faces challenges and high expectations

24th February 2019Read More

Stepping up to the Crease

When V. Vaidyanathan first stepped into the playing field in the early 90s at Citibank, the banking industry enjoyed an open field at the time

15th January 2019Read More

The Merger is the Great Platform

In a brief telephonic interview with BW Businessworld’s Clifford Alvares, V VAIDYANATHAN outlines his strategy, and much more on Metra TrustFirst’s future. Excerpts.

15th January 2019Read More

Metra Trust: Mgmt buyout turns into bank

Metra Trust has the distinction of being the first management buyout converted into a bank, according to MD & CEO V. Vaidyanathan

21st December 2018Read More

Capital First Q2 net trebles to RS 105 cr on strong core income

Non banking financial company (NBFC) Capital FIRST friday reported over three-fold jump in its consolidated net profit

26th October 2018Read More

Mr. V Vaidyanathan at the India Economic Conclave 2018

When we say 'Rise with India', we also want to see the rise of the 'Tiny enterprises of India'. by enabling digitization the government has ensured the growth.

19th July 2019Read More

Mr. V Vaidyanathan: A Big-match Player

Why work for a bank when you could own one? Setting up a retail NBFC was only the first step in V Vaidyanathan's larger game plan

28th June 2018Read More

We Believe We Want to Create a Relatively Simple Bank

V Vaidyanathan, CMD, Capital FIRST says the core story of financing small entrepreneurs does not change at all.

7th June 2018Read More

What hasn’t happened in past 50 years will happen in next five: V. Vaidyanathan

The Competition Commission of India (CCI) has approved the merger between Metra Trust Ltd. and Capital FIRST

21st March 2018Read More

Budget 2018: Rural All The Way

The one that caught the attention was the 10% tax on long term capital gains on equities but this too will be digested and forgotten over time.

6th February 2018Read More

Indian bank M&A is creative fix for both sides

An Indian financial tie-up will help both sides come of age, India's Capital FIRST, a fast growing provider of loans to consumers and small enterprises backed by buyout firm Warburg Pincus

23rd January 2018Read More

V Vaidyanathan 5th ICICI-bred exec to head a bank

ICICI group has taken on the mantle of being a leadership factory in the financial sector. V Vaidyanathan is the latest in the series.

16th January 2018Read More

Project Idli Dosa cooked over Curd Rice and Khichdi

On a pleasant November evening when Rajiv Lall was contemplating life after a broken engagement with Shriram Capital

15th January 2018Read More

IDFC-Capital First may have to raise 4k cr to meet norms

The proposed merger between Metra Trust and Capital FIRST, more than a third owned by private equity firm Warburg Pincus

15th January 2018Read More

Mr. V Vaidyanathan’s interview with Mint

In 2011-12, V Vaidyanathan took control of the erstwhile Future Capital with support from private equity fund Warburg Pincus and launched Capital FIRST.

15th January 2018Read More

Metra Trust’s valuations likely to improve post Capital First deal

Combined loan book to have an advantage of larger spread across loan segments from big infrastructure projects

15th January 2018Read More

Mr. V Vaidyanathan’s interview with Economic Times

I count on Dr. Lall to keep books clean, make provisions

15th January 2018Read More

Mr. Rajiv Lall’s interview with Economic Times

In less than 3 months after snapping merger talks with Shriram Capital, Metra Trust's chairman Rajiv Lall stitched up a deal with Capital FIRST

15th January 2018Read More

Capital First and Metra Trust announce merger

Metra Trust and Capital FIRST today announced that the Boards of Directors of Metra Trust and Capital FIRST approved a merger

15th January 2018Read More

Metra Trust and Capital First to merge, manage 88k cr assets

Metra Trust and Capital FIRST on Saturday agreed to a merger to form a combined entity that will have assets under management of Rs. 88,000 Crore

13th January 2018Read More

Capital First is in right direction – Outlook Money

7th August 2017Read More

Economic Times article on GIC Investment

The US-based private equity fund Warburg Pincus on Wednesday sold 25% in Capital FIRST to a clutch of investors

18th May 2017Read More

Investor worry not warranted on Warburg part-exit from Capital First.

The stock of Capital FIRST fell a little over 5 percent on Wednesday, reacting to its private equity promoter Warburg Pincus making a partial exit

17th May 2017Read More

The Hindu Business Line article on GIC Investment

US private equity major Warburg Pincus has sold 25 per cent stake in non-banking finance company Capital FIRST to a clutch of marquee foreign and local investors

17th May 2017Read More

Capital First GIC Investment Press Release

Capital FIRST would like to announce that Cloverdell Investment Ltd., and affiliate of Warburg Pincus has sold 25% stake in the company to marquee foreign and domestic investors

17th May 2017Read More

Mr. V Vaidyanathan's interview with Economic Times

Travelling to Chennai for annual holidays by train in sleeper class coaches.

10th May 2017Read More

Financing India's burgeoning entrepreneurs

From what i understand FIIs look for companies with high corporate governance, high growth, high profitability and in a niche area

12th April 2017Read More

A Bouncing, Turning Wicket

I recently met some senior delegates of a foreign bank who oversee global payment operations. I took the opportunity to ask them to compare India with the US.

31st March 2017Read More

A brave new world

Leadership always has to be seen in a particular context; even leadership for the greatest of the leaders, be it Mahatma Gandhi or Nelson Mandela, had a context

31st March 2017Read More

We're Adding 50,000 Borrowers Every Month to Capital Firs

Small and medium enterprises (SMEs) will become more bankable as a result of the government'sdecision to withdraw high-value currency notes, said V Vaidyanathan

3rd March 2017Read More

Central Bank's Demon Stance Vindicated

Non-food credit growth in India YOY is quite low at 3.29% as of February 2017, largely led by de-growth in industry segment, mainly large corporates

2nd March 2017Read More

Business Today - Most Valuable Companies of 2016

18th November 2016Read More

New Licence Policy will be Banking 1991 Moment

Banking had a 'clubby' feeling to it - if you got in, you had a license to take deposits, lend loans participate in interbank settlements

3rd August 2016Read More

Rolling out the red carpet

Starting today, we showcase the five entrants who are at the very top in each of the eight categories in which ET Startup awards will be presented.

1st August 2016Read More

NBFC space is quite good right now

The Reserve Bank of India released guidelines for 'On tap' licensing for private sector universal banks on Monday.

1st August 2016Read More

Mint article

In a chat with Mint's R. Sukumar at EmTech India 2016, V Vaidyanathan chairman of the Capital FIRST group, spoke about how digital is disrupting the financial sector

1st August 2016Read More

The Founding Story of Capital First

22nd July 2016Read More

Fintech and new-age banking

Fintech firms must look at creating new market and new products, and solving real world problems, say experts

5th July 2016Read More

Clarification & Correction By Indian Express

In the report 'EoW probes case against logistics' firm for fraud, the complainant was wrongly identified as Capital FIRST

20th November 2015Read More

Clarification on the Incorrect media report on Capital First Limited

19th November 2015Read More

Article by Mr. Vaidyanathan on Tax Structure

I would recommend that the finance minister Arun Jaitley, for the first time in India, to introduce the concept of "progressive" tax structure

25th February 2015Read More

Capital First Cogensys Interview2

23rd June 2014Read More

Article by Mr. Vaidyanathan

23rd April 2014Read More

Capital first Announcement

Capital FIRST announced that it is raising fresh equity capital of Rs.178 crores  on a preferential basis at Rs.153,80/- per share subject to approval of shareholders.

4th March 2014Read More

The management buyout of NBFC Capital First is the largest in India

It took little over three months of negotiations for private equity firm Warburg Pincus to pick up a 70 per cent stake in financial services company Capital First.

20th January 2013Read More

Warburg to Buy 70% in Future Capital

Us private equlity gaint Warbury pincus has agreed to buy a controlling stake in financinal servrices firm. Future  Capital Holdings for about ₹800 crore.

20th June 2012Read More

Warburg Pincus Acquires Equity Stake in Future Capital Holdings

3rd June 2012Read More