Fedral Bank's Shyam Srinivasan

"We have seen reasonably good growth and the outlook for growth remains quite constructive and positive. Now we must raise capital for funding the next wave of growth," said Shyam Srinivasan

NII up 19.1% to Rs 1,762 crore, other income rises 24% to Rs 610 crore

'Please don't get swayed by wrinkles in intra-quarter or intra-year. If anybody tells me that they are running a bank that is wrinkle free, suspect the numbers,' says Srinivasan

He has also seen a rise in use of working capital limits in some pockets, like textiles and he believes that the full effect of GST will be seen in Q3