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We charted 3-yr, 5-yr, 8-yr plans for growth: CSB Bank's Pralay Mondal

"Growth will be paramount at the end of the day", said Pralay Mondal

Pralay Mondal
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Pralay Mondal

Bhaskar Dutta Mumbai
Fairfax-backed CSB Bank is targeting emerging corporates and the NBFC sector. The transition should take a minimum of 18-24 months, Pralay Mondal, managing director (MD) and chief executive officer (CEO) (interim) told Bhaskar Dutta in an interview. Edited excerpts:

CSB reported a firm set of numbers in the first quarter with net profit almost doubling on the back of strong interest income growth. What is your guidance on credit growth for the year?

I am quite optimistic about credit growth. We started this quarter on a year-on-year (YoY) growth of around 16 per cent. We should be able to do