RBI has ensured that banks play by the rules, says Axis Bank MD & CEO

Interview with Shikha Sharma, managing director & chief executive officer, Axis Bank

Axis Bank Managing Director & Chief Executive Officer Shikha Sharma spoke to Niraj Bhatt, Hamsini Karthik and Abhijit Lele on the new mechanism for non-performing loans, the bank’s loan portfolio, industry outlook and the bank’s future plans. Edited excerpts:

Are there signs of improvement in the asset book?

We definitely have a greater sense of comfort now. The pockets of stress are well known. For steel, things are improving; it may not have totally turned around, but it’s much better. In power, some things have worked, but I think the Uttar Pradesh elections could be a big game-changer if