V Vaidyanathan net worth: Today a name is much discussed in the banking sector. After the name of IDFC First Bank came into limelight in the case of suspected fraud of Rs 590 crore, everyone wants to know about its perpetrators. The command of this bank is in the hands of V. Vaidyanathan. His success story is no less than a film script, which involves a long struggle and the determination to achieve a different position.
An accident took away the dream of flying in the sky
An accident during his childhood stay in Odisha changed Vaidyanathan’s life. He suffered serious injury to his left eye due to falling from the roof. His dream was to become a fighter pilot in the Indian Air Force. His family had even sold the refrigerator in the house to pay for the eye operation, but he could not pass the medical test and his dream was shattered.
Left disappointment behind and started banking journey
After his dream of becoming a pilot was shattered, he chose a new path. After completing his studies from BIT Mesra in 1990, he started his career with Citibank. Here he became the head of the auto finance division. After this he moved to ICICI Bank and became the youngest executive director at the age of just 38 during the tenure of Chanda Kochhar.
Created a unique identity by taking risks
In 2010, he took a big risk and invested in loss-making Future Capital Holdings. He transformed it into Capital First and wrote a new success story. Later in the year 2018, it was merged with IDFC Bank, after which today’s IDFC First Bank came into existence. This bank also became the sponsor of BCCI at the rate of Rs 4.2 crore per match.
V. Vaidyanathan is the owner of property worth billions
V. Vaidyanathan is not only a successful banker but is also famous for his generosity. He gifted shares worth crores of rupees to his driver, trainer and household staff to buy houses. Not only this, he also gave shares worth lakhs to help his old mathematics teacher, who had once lent him Rs 500 to go for an interview.
Today IDFC First Bank is not a one-man company, but a comprehensive shareholder-based organization. The bank has more than 3.5 crore customers and its total business has crossed Rs 5.62 lakh crore. The market cap of this bank listed in the stock market is more than Rs 60 thousand crore, which puts it in the league of major banks of the country.
Talking about Vaidyanathan’s personal wealth, his name is included among the rich bankers of the country. According to media reports, as of December 2025, he has assets worth more than Rs 436.6 crore in five major companies. In FY 2025, he has been allotted a salary of Rs 5.54 crore and ESOPs worth about Rs 18 crore.