Edelweiss Q4: COVID Impact | Rashesh Shah To ET NOW

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Published on July 6, 2020 6:55:08 AM ● Video Link: https://www.youtube.com/watch?v=umsSV8lgNHA

Duration: 12:57

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All decisions in FY20 made with a view that there will be a post COVID world. June has been a good month in terms of recovery; growth to come back by Dec-20. Asset & Wealth biz growing well; seeing strong growth going forward as well. Will see consolidation taking place in the asset & wealth industry. Wholesale exposure to drop to 0% in the next 2 years; will focus on retail and SME growth. Equities will continue to do well; seeing increased interest in the fixed income category as well. 25-26% have opted for a moratorium as of June-20; co focusing on customer outreach than disbursements, says Rashesh Shah, Edelweiss Group

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