We don't see a lot of case for RBI intervention: Axis Bank CEO

"It's not as if credit is picking up with huge momentum. Liquidity is better but still not in excess. I think it's a well-managed liquidity situation. So, we actually don't see a lot of case for much intervention at this point in time," Axis Bank MD and CEO Shikha Sharma said here.

"But I am sure regulators are going to watch statistics regularly and closer to the date they can take a call about what needs to be done. At this point in time, I think the directions are not clear," she added.

On the outlook on interest and lending rates and whether Axis Bank is looking to increase base rates, Sharma said it's a difficult environment to take a directional call. "So we are watching the markets on daily basis. The liquidity situation and the credit situation is what's going to determine what happens to interest rates. We will keep watching them...," she said.

On RBI's debt-recast for aviation, Sharma said her bank has a limited exposure to aviation sector and "we are comfortable with the quality and amount of our exposure."

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)