GFF 2026: Axis Bank CEO Amitabh Chaudhry sees credit growth slowing to 15-16%, flags rate hike risk

Axis Bank CEO Amitabh Chaudhry expects India’s bank credit growth to moderate to 15-16% this year from the current 18-19%, partly due to the base effect and FCNR(B) inflows. He also warned of possible rate hikes in October and December as the India-US interest-rate gap narrows.