Private Sector Banks Slowing Down: Uday Kotak
  • Nikita Setia
  • Aug 08 2013

August 8: Will private sector banks’ growth slow down or continue to be as scorching as it is? Uday Kotak, Executive Vice-Chairman & MD at Kotak Mahindra Bank, says the slowing economy and tight interest rates will affect credit quality and loan growth. “The banks' loan growth will likely slow to 10-12%,” he adds.