The review is reportedly done to review whether the potential of support for the group entities from Tata Sons is greater than what the ratings agency had previously thought of. This is due to increasing operational and management linkages within the group.
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals