Axis Bank CEO flags risks of slowing economic growth

4/04/2023 10:26:25 AM | Source: Reuters

Axis Bank CEO flags risks of slowing economic growth

News By Tags | #123 #248 #413

Axis Bank Ltd Chief Executive Officer Amitabh Chaudhry is watchful over consumer demand in the Indian economy and said expectations for growth might have to be tempered a bit, the Financial Times said in a report on Tuesday.

Chaudhry said lenders need to stay vigilant about the economic outlook despite the recent robust growth, as India's post-pandemic rebound loses steam and global economic volatility makes forecasting more difficult, according to the report.

Axis Bank did not immediately respond to a Reuters request for comment.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Axis Bank CEO flags risks of slowing economic growth

Top News

Tag News

More News