04-04-2023 10:26 AM | Source: Reuters
Axis Bank CEO flags risks of slowing economic growth
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.
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