For instance, Axis Bank executives said demand was back, while Kotak Mahindra Bank said there was no hint of enough capacity expansion by private players. Note, the Axis corporate loan book, at ₹2.7 trillion, is thrice the size of Kotak’s ₹70,384 crore, as on 31 March. While Axis Bank’s corporate loan book grew 14% from a year earlier, Kotak’s corporate advances were almost flat, up just 1% from a year ago.
“The pricing environment is quite conducive at this point in time for us to be able to continue to support credit growth," Rajiv Anand, deputy managing director, Axis Bank, told reporters on 27 April. “We are seeing demand both for term loans and working capital, and are seeing demand for private capex."
Bu hikaye Mint Mumbai dergisinin May 03, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin May 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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