homefinance NewsMarket opportunity is huge; can deliver growth across all businesses, says Axis Bank's Amitabh Chaudhry

Market opportunity is huge; can deliver growth across all businesses, says Axis Bank's Amitabh Chaudhry

The economic activity will take some time to pick up, said Amitabh Chaudhry, MD and CEO of Axis Bank in an interaction with CNBC-TV18’s Latha Venkatesh.

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By Latha Venkatesh  Feb 14, 2020 10:44:13 AM IST (Updated)

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The market share of Axis Bank is somewhere in the range of 4.5-5 percent on deposits and loans, said Amitabh Chaudhry, MD and CEO of the bank in an interaction with CNBC-TV18’s Latha Venkatesh.

Speaking about the growth drivers, he said, “I think the market opportunity is huge. So we can definitely deliver a growth across all our businesses, which is better than the market.”
On Indian economy he said, "The economic activity will take some time to pick up. Government has taken a lot of measures. Finance minister recently talked about some greenshoots but it will take time to go to a point where all of us can start saying that the growth is coming back,” he added.

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