Unfortunately for Kathpalia, the severity of the economic slowdown, which is likely to continue, will dictate the business strategy of Indusind Bank. He should be cautious on providing guidance on future profitability and aggressive asset growth. Axis Bank in early 2019, under the newly joined CEO, Amitabh Chaudhry, projected an optimistic future scenario. This initially resulted in an upsurge in the share price, but Axis has thereafter lost most of its gains as the bank struggles to achieve those rosy projections. The market has concerns regarding Indusind Bank's high-risk appetite. This has resulted in its troublesome telecom and real estate exposures, which may take time to resolve. This writer has been concerned about the bank's risk management and accounting integrity for some time, and Kathpalia will have to reassure the market that these critical areas have been addressed. Source: Indusind Bank