“The $500 billion investment coming into India is essentially coming to manufacturing and infrastructure. We don’t want to be lending to this sector at 13%-14% interest”

Sucheta Dalal spoke to ICICI Bank MD and CEO, KV Kamath, on where the economy is headed

ML: You have just finished a massive capital raising exercise and now need to look at deploying the funds. How do you see the current economic scenario? Are interest rates really headed downwards?

KVK: We are ready for some reduction in rates. All the economic factors are in favour of that happening....

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  • Funds Vs Investors

    Does the fund industry consider investors’ interest?

    The mutual fund industry has conveniently ignored the investor. Most of the policies framed have been designed either to protect the Asset Management Company (AMC) or the distributor. I want to highlight two issues that have been raised by some of our readers. First, the vexed issue of the PAN card as a compulsory requirement for investing...

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  • Growing Up, Branching Out

    Handelsbanken has already achieved what ICICI Bank and SEBI aim to do. What can you learn from its track record? Shreedhar Kanetkar makes a comparison

    If you look at the Indian banking sector, it’s still very small”, said KV Kamath recently. He should know. Few are working as hard as he is, to change the state of affairs. As the chief executive officer of ICICI Bank, Kamath recently raised...

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