Amitabh Chaudhry

CEO, Axis Bank

Search every verified Amitabh Chaudhry interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Amitabh Chaudhry, CEO of Axis Bank, discussed the bank's strategic priorities and industry trends in several appearances. He stated that Axis Bank is confident it will reach a net interest margin of 3.8% over the next 12 to 18 months, describing the current NIM of 3.46% as a "cycle bottom." Chaudhry said the bank is focused on increasing its 5% market share in deposits by adding more branches and targeting rural markets. He noted that the bank had tightened credit standards on unsecured lending during a retail cycle but that disbursement growth on retail has since returned. Chaudhry also said the bank does not need equity capital for growth or protection. Chaudhry commented on the banking industry's investment in artificial intelligence, stating that AI presents a "great opportunity" but also brings risks, including cybersecurity. He said that while larger global banks have invested more in AI, Axis Bank is closing the gap and that in the next 6 to 12 months the gap "will be quite low." He asserted that Axis Bank is at the "cutting edge" of AI in the Indian banking system, citing feedback from global AI players. Chaudhry also observed that large institutions are becoming larger at the expense of smaller ones, as smaller banks cannot afford the same level of investment in technology.