Mobility and modern telecommunication concept: macro view of tablet computer and touchscreen smartphones with colorful interfaces on laptop notebook PC

Vaidyanathan had also previously donated his shares to staff members, including his trainer, domestic worker and driver, to help them buy houses.

IDFC First Bank MD and CEO V Vaidyanathan has donated 5 lakh shares of the bank he owns to relatives of a deceased colleague, according to a legal filing.

Vaidyanathan had also previously donated his shares to staff members, including his trainer, domestic worker and driver, to help them buy houses.

“V. Vaidyanathan, Managing Director & CEO, has donated 5,000,000 shares of IDFC FIRST Bank held by him to certain relatives of a deceased colleague who knew him well for a long time, in support of their education and for their financial security,” said the bank Thursday in a regulatory filing.

This post IDFC First Bank MD & CEO donates 5 lakh shares to relatives of deceased colleague

was original published at “https://www.financialexpress.com/market/idfc-first-bank-md-ceo-gifts-5-lakh-shares-to-kin-of-deceased-colleague/2464322/”