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Federal Bank aims 'mid-teen' growth in credit for FY22


Federal Bank aims mid-teen growth in credit for FY22
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Last Updated: Feb 23, 2021, 05:06 PM IST
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Its Managing Director and Chief Executive Officer Shyam Srinivasan said the increase in virus infections in states like Maharashtra needs to be watched, but exuded confidence that it will not affect the overall economic activity, terming it a minor blip .
Private sector lender
Federal Bank is aiming for an acceleration in credit growth into mid-teen figures in 2021-22 on the back of an economic recovery, a top official said on Tuesday. Its Managing Director and Chief Executive Officer Shyam Srinivasan said the increase in virus infections in states like Maharashtra needs to be watched, but exuded confidence that it will not affect the overall economic activity, terming it a minor blip . ....

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