Axis Bank well capitalised with self sustaining capital structure to fund growth: CEO Amitabh Chaudhry

Axis Bank's managing director and CEO, Amitabh Chaudhry, has stated that the bank is well-capitalized and has sufficient funds to support its organic growth. Chaudhry expects the bank's credit growth to surpass the industry average, particularly in the MSME segment. Axis Bank recently completed the acquisition of Citibank's consumer and NBFC consumer businesses, solidifying its position as one of the top credit card issuers in India. Chaudhry also noted that high interest rates are likely to persist due to the ongoing geopolitical crisis and global inflation concerns.

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