We should be able to grow for next 4-7 quarters without raising any fresh capital: Sumant Kathpalia, IndusInd Bank
«I think you have to see our growth and where the growth is coming from. I think we have domain specialisations. So, our two domains actually got subdued during the COVID crisis, which is the vehicle finance as well as the microfinance and we were very conservative on that,» says Sumant Kathpalia, MD & CEO, IndusInd Bank.
Bulls on the wall really are a mascot of how good you are feeling about the world and how good you are feeling about India.
Yes, I think, in a very difficult macro and the world macro, India, it continues to outshine and I believe it has just started. I think the next decade belongs to India and I am completely convinced that whatever our regulators and the ministry is doing will only fuel the growth in the Indian economy.
Let us talk about specifics of IndusInd Bank. If I take the clock back, let us say, five-six quarters ago, IndusInd Bank was growing in mid-teens. Now you are growing in early 20s, much higher than the industry average. You are growing without raising capital. Your CASA is in place. So, can I say that now the bank is firing full cylinders?
I think you have to see our growth and where the growth is coming from. I think we have domain specialisations. So, our two domains actually got subdued during the COVID crisis, which is the vehicle finance as well as the microfinance and we were very conservative on that.
Unlock Leadership Excellence with a Range of CXO Courses
Offering CollegeCourseWebsiteIIM KozhikodeIIMK Chief Product Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisit
I think they have come back with a very strong vengeance and over a period of time we have also diversified that book. So,
