Open Dialogue by Axis Bank

Is the Indian economy facing a structural crisis, or are we witnessing a pivotal growth inflection point? In this video, we provide an in-depth analysis of the current GDP decline, rupee depreciation, and the ongoing challenges to India's economic growth. We break down why the nominal GDP slowdown, driven by a combination of ultra-low inflation and fiscal tightening, has impacted corporate ear...

This podcast will explain why India's banking sector must reform for Viksit Bharat 2047. This Open Dialogue episode also explains Indian banking reforms, low credit-to-GDP penetration, cost of intermediation & priority sector lending challenges. We trace India's banking evolution from RBI's 1937 founding and the Banking Regulation Act of 1949, through bank nationalization in 1969 a...

Explore this podcast on female labour force participation in india, gender pay gap, and the importance of women education. It highlights education for womenempowerment and the link between female labour force participation and economic growth.. Understand challenges like the female labour force participation rate in india (flfpr in india), gender wage disparity, motherhood penalty, and women caree...

Over the last few weeks, the conflict in the Middle East between the US, Israel, and Iran has continued longer than expected. What may seem like a geopolitical event is already having real economic consequences. This episode of Open Dialogue focuses on the economic side of the conflict. From the risk of disruption in the Strait of Hormuz to the possibility of a global energy shortfall, the convers...

Markets have been volatile for a while and have been moving ever so sharply since COVID. Commodities spike and correct. Bond yields behave counterintuitively. The rupee weakens. IPOs surge. However, despite all this turbulence, most asset classes are not collapsing. In this episode of Open Dialogue, Sameer Shetty speaks with Ashish Gupta, Chief Investment Officer, Axis Mutual Fund, to decode what...

Budget 2026 did not deliver big surprises, and that is exactly where this conversation begins. In this episode of Open Dialogue, the panel discusses why a predictable, “boring” Budget can be a positive signal, reducing uncertainty, lowering the long-term cost of capital, and improving confidence for businesses and investors. In this roundtable, Sameer Shetty, Neelkanth Mishra, and Ashish Gupta exa...

India’s economy is entering a critical transition. After a phase of fiscal tightening, credit slowdown, and global uncertainty in 2025, key macro signals are beginning to shift. Growth is picking up, inflation remains contained, interest rates are falling, and fears around the rupee are being reassessed. But what does this really mean for India as it moves into 2026?In this episode of Open Dialogu...

Bond yields quietly move economies. They influence everything from interest rates and inflation to market confidence and government spending. Yet few understand how this hidden force shapes economies and financial systems. In this episode of Open Dialogue, Sameer Shetty speaks with Ashish Gupta, Chief Investment Officer, Axis Mutual Fund, to decode the world of bond yields — what they are, how the...

The world economy is undergoing a seismic shift. After decades of globalization and interdependence, nations are redrawing the map of trade, capital, and technology. Welcome to the age of geoeconomic fragmentation — where economic alliances, supply chains, and financial systems are being reshaped by politics, security, and national priorities. In this episode of Open Dialogue, Sameer Shetty speaks...

India’s tax landscape just changed in a big way. GST has been simplified with two main slabs, fewer inverted duties, and clearer pass-through to prices. What does this reset mean for inflation, demand, and growth? In this episode of Open Dialogue, Sameer Shetty speaks with Neelkanth Mishra, Chief Economist, Axis Bank & Head of Global Research, Axis Capital. They trace India’s journey from casc...

India’s economy is at a turning point. Structural strengths remain intact, but global uncertainty and inflation bring new challenges. How does the Reserve Bank of India balance these pressures while supporting growth? In this episode of Open Dialogue, Sameer Shetty speaks with Saugata Bhattacharya, member of the Monetary Policy Committee (MPC) and former Chief Economist at Axis Bank. They discuss...

Populations aren’t just growing or shrinking—they’re transforming economies in profound ways. In this episode, Neelkanth Mishra discusses the drivers of global demographic change, from ageing populations to falling fertility rates. He explains how these shifts influence economic growth, workforce patterns, policy reforms, savings allocation, and the real estate cycle. The discussion explores the c...

India's financial sector has undergone a massive transformation over the last 30 years. In this episode, Rajiv Anand from Axis Bank takes us through the key reforms and technological shifts that turned paper-heavy financial systems into today's fast, digital ecosystem. Learn how these changes impacted everything from investor experience to lending practices and the financial technology tha...

AI is transforming banking — but not in the way most headlines suggest. In this episode, we break down how AI is quietly reshaping everything from banking operations to customer engagement. From automating contact centers to redesigning credit journeys and software development, we explore the real, behind-the-scenes shift underway. We also discuss when AI will start showing up in the P&L, how...

India is now the world’s 4th largest economy — but why is per capita income still so low? In this episode, we explore the disconnect between India’s GDP growth and individual prosperity. Neelkanth Mishra breaks down the structural reasons behind low income levels and what India can learn from other fast-growing economies. Watch for clear insights on how India can turn growth into real gains for it...

How does energy impact growth, inflation, and India’s economy? In this episode, we explore why energy is central to GDP growth and how it affects inflation. Neelkanth Mishra explains the role of fossil fuels, the pace of the energy transition, and India’s energy imports and pricing challenges. We also discuss what India must do to balance energy security, efficiency, and development. Watch the ful...

Is the U.S. economy heading into stagflation? And how will it impact global demand and India? In this episode, we break down the risks of US stagflation in 2025, the role of tariffs, and why a US slowdown affects the world. Neeraj Gambhir from Axis Bank explains how supply chain disruptions, interest rates, and global disinflation trends are shaping markets. We also discuss India’s supply chain op...

Why is the U.S. raising tariffs—and what does it mean for India and global trade? From income inequality in the U.S. to the China+1 strategy, this episode breaks down how global trade is being reset. We explore the shift from multilateral to bilateral deals, the impact on the reserve currency, and what history—from the Triffin Dilemma to the Nixon Shock—can tell us. Watch the episode for clear ins...

Why is the Indian stock market correcting—and what should investors do next? From falling portfolio returns to stretched valuations, we break down the forces driving recent market volatility. How have small, mid, and large cap funds reacted? What role are FIIs, SIP flows, and global liquidity playing in the current cycle? We also explore why diversification and asset allocation matter more than ev...

How is the Indian consumer shaping the future of the economy? From the rise of the middle class to the impact of household debt, the Indian consumer is at the center of major economic shifts. With recent income tax changes in the budget and RBI interest rate cuts, how will these developments affect spending and growth? We also explore the role of private capex in driving India’s economic momentum....

Why are governments reviving industrial policy to shape economic growth? Nations are using subsidies, tariffs, and incentives to boost key industries. This shift is changing global trade, investments, and supply chains. How are countries implementing industrial policy? What impact will this have on India? This discussion breaks down the challenges and opportunities ahead. Watch now for insights on...

Gold has been a trusted asset for centuries. In this video, Ashish Gupta explores its role in today’s economy, why demand is rising, and what drives its price. We break down gold’s evolution as an asset, its popularity in India, and how it compares to other investments. Whether you’re an investor or just curious about gold’s value, this discussion offers key insights. Watch now to gain valuable in...

Why is the Indian Rupee falling? The Rupee to USD exchange rate has seen a sharp decline, raising concerns about the impact of Rupee falling on the economy. In this episode of Open Dialogue, Neeraj Gambhir explains what’s driving this trend, from capital outflows and India’s trade deficit to how Rupee is holding up vs other global currencies. Watch now to understand the bigger picture and the long...

In this podcast, we discuss the liquidity crisis in the economy with finance expert Neeraj Gambhir. He explains the dynamics of forex and how global events and central bank policies affect money flow in the banking system. We’ll cover: - Forex market fundamentals and currency valuation - Effects of cash outflow on domestic liquidity - RBI tools for controlling liquidity - The impact of liquidity o...

Discover the fascinating journey of money, from ancient barter systems to the cutting-edge world of cryptocurrencies and Central Bank Digital Currencies (CBDCs). This video takes you through: - The Evolution of Money: How we transitioned from trading goods to using gold, fiat currencies, and digital payments. - The Role of Central Banks: Learn how they issue, manage, and control money supply. - Cr...