Monday, September 28
Geopolitical tensions will not impact India’s growth story, and with a rate cut, credit demand will increase, said Amitabh Chaudhry, managing director and CEO of Axis Bank. In an interview with Saloni Shukla and Sangita Mehta, he said the entry of well-capitalised Japanese banks should not be a concern, and that while some individuals of the new generation would want to be on the investment side, new entrepreneurs will emerge. Edited excerpts:Q: How do you envision the India story in FY26 against the backdrop of global developments?A: Global economic growth is the weakest since the big recession. It is being driven by the tariff war and geopolitical tensions, which is resulting in uncertain policies. The investment climate has been aggravated and consumer confidence is at a lower level b
