Reserve Bank of India (RBI) will have to raise interest rates, said Andrew Holland, CEO of Avendus Alternate Strategies.

“It could be as early as March, April – it could be 50 basis points (bps) in the first half of the year,” he said.

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He expects 10-15 percent earnings growth for corporates in FY23. He also expects lending to pick-up in banking sector and according to him, pecking order in private banking space is starting to change from HDFC Bank to ICICI Bank.

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First Published:Feb 2, 2022 3:33 PM IST