New Delhi, April 23 -- Banks are adopting a "wait and watch" approach on macroeconomic risks amid geopolitical uncertainty, Sameer Shetty, Group Executive, Digital Business & Transformation and Strategic Programs, Axis Bank, told ANI on Thursday.

"At this point, it is all wait and watch because if you look at all macroeconomic indicators, even marks seem quite good. Outside of oil prices and supply chains, the other stuff is looking in good health. So we have to wait and watch," Shetty said.

Speaking to ANI on the sidelines of the 6th Edition of PICUP Fintech Conference organised by the Indian Banks Association with FICCI, Shetty said the evolving geopolitical situation, particularly in West Asia, has made it difficult to assess the out...