Working capital cycles returning, especially in manufacturing: Axis Bank MD

On retail loan growth, the season went better than expected, CEO Chaudhry said

The festive season brought cheer to the banking sector and segments like home and auto loans did well. Amitabh Chaudhry, managing director and chief executive officer, Axis Bank, talks on a wide range of topics like the low interest rate cycle, Axis-Max deal, and the debt restructuring exercise in an interview to Subrata Panda and Abhijit Lele. Edited Excerpts:

How beneficial was the festive season for the bank?

The festive season was expected to bring some cheer and I do not think it disappointed. On retail loan growth, the season went better than expected. However, one does need to watch