Axis Bank needs to be conservative on corporate loans: CEO Amitabh Chaudhry

The current market environment and the strength of our balance sheet provide us with an opportunity to grow the wholesale loan book, says Chaudhry

On Tuesday, Axis Bank declared its third-quarter results — the first one under new MD and CEO Amitabh Chaudhry. Chaudhry, who replaced Shikha Sharma, plans to increase the bank’s market share and improve the portfolio quality as part of the bank’s three-year strategy. In his first interview after taking charge, Chaudhry tells Joydeep Ghosh that while the books of the bank are getting better, he is worried that the problems in the NBFC sector haven’t completely played out. Edited excerpts:

What has been your experience at Axis Bank so far? 

It has been a great experience. The bank has a very welcoming