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Source: Economic Times

Economic Times
Source
Appointments & Movements
Category
3 min
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09 Sept
Published
Appointments & Movements
3 min read· Economic Times

GFF 2026: Axis Bank CEO Amitabh Chaudhry sees credit growth slowing to 15-16%, flags rate hike risk

Axis Bank CEO Amitabh Chaudhry expects India’s bank credit growth to moderate to 15-16% this year from the current 18-19%, partly due to the base effect and FCNR(B) inflows. He also warned of possible rate hikes in October and December as the India-US interest-rate gap narrows.

Axis Bank CEO Amitabh Chaudhry expects India’s bank credit growth to moderate to 15-16% this year from the current 18-19%, partly due to the base effect and FCNR(B) inflows. He also warned of possible rate hikes in October and December as the India-US interest-rate gap narrows.

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Source: Economic Times