Rajiv Anand

Managing Director & Chief Executive Officer, Indusind Bank

Search every verified Rajiv Anand interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Rajiv Anand, Managing Director and CEO of IndusInd Bank, described the first quarter of fiscal year 2027 as a "clear inflection point" for the bank, stating that it has "substantially completed the balance sheet and earnings calibration" undertaken over the past year. In media appearances following the bank's Q1 results, Anand said the bank is now focused on accelerating sustainable growth, noting that he expects the bank to "start to grow in line with market" this year and that the exit position at the end of 2027 will position the bank to "dominate in our focus areas from 28 onwards." He attributed Q1 growth to the corporate side, stating that while corporate loan growth may be net interest margin-dilutive, it is positive from an operating expense and credit cost perspective. Anand also said the bank's board passed an enabling resolution to raise both debt and equity, but emphasized that the bank's capital position remains strong with a total capital adequacy ratio in excess of 17% and a Common Equity Tier 1 ratio above 16%, and that there are no immediate plans to raise capital. When asked about a decline in the bank's stock price following the earnings announcement, Anand stated, "That's not a question for me to answer. What I have control on is how I manage my business. I leave it to the markets on how they want to react on a day-to-day basis." He also addressed expectations for net interest margins, saying he wanted to "put to rest that the FCNR(B) money is not that cheap" and acknowledged there could be some margin pressure in the second quarter due to incoming liquidity, but expressed confidence that the bank has "enough engines of high yielding growth" to protect margins over the remaining three quarters.