Indian Banks Entering Difficult Phase Amid Rising Deposit Costs, Higher Interest Expectations: Axis Bank CEO
India's banking sector faces growing pressure from tighter liquidity, rising deposit costs and expectations of higher interest rates, even as demand for loans remains strong, Axis Bank Managing Director and Chief Executive Officer Amitabh Chaudhry said on Monday. Speaking at a media summit, Chaudhry highlighted the challenges banks face in balancing profitability, lending growth and risk…
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