Axis Bank, India's third-largest private bank by assets, expects credit growth to expand 300 basis points faster than the industry average in the current fiscal year on strong corporate and retail demand, its chief executive said.
Demand is coming from sectors including data centres and small businesses as well as retail borrowers looking to monetise their gold, Chief Executive Amitabh Chaudhry said in an interview at the company's headquarters in Mumbai on Monday.
