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The Economic Times Game Changers of India 2018

We are delighted to share that Mr. V. Vaidyanathan was honoured as one of the “Game Changers of India” at the Economic Times Global Business Summit 2018.

The recognition highlights Mr. Vaidyanathan’s visionary leadership at Capital First, where he transformed the organisation from a start-up with ₹94 crores in retail loans in 2010 to a company with a loan book of ₹27,220 crores as of 30th June 2018. Under his guidance, Capital First has extended over 7 million loans to Indian consumers, MSMEs, and entrepreneurs—segments traditionally underserved by formal finance.
With a focus on inclusive growth, the company maintained robust asset quality, with Gross and Net NPAs at ~1.7% and 1% (90+ DPD), respectively.

The Economic Times commended the awardees as leaders driving meaningful change—“from positive journalism to creating market linkages for micro enterprises and bridging the rural-urban divide… These changemakers are building sustainable businesses targeting the bottom of the pyramid.”

This recognition is a testament to Mr. Vaidyanathan’s efforts to redefine financial inclusion and build a business model with lasting impact.