Analysts said the Axis Bank Q3 results were a miss of all parameters. Slippages jumped, driven by agri and unsecured, credit cost remained highest among top 5 banks and deposit growth the slowest.
Axis Bank’s PPOP is expected to come in at Rs 10,406 crore, down 3 per cent from Rs 10,713 crore in the previous quarter. It’s advances and deposits to go up by 1 per cent and 3 per cent ...
India's third-largest private lender, Axis Bank, delivered third-quarter results (Q3FY25) that fell short of expectations owing to rising slippages and modest growth in credit and deposits.
Axis Bank Q3 Results Preview ... and management’s guidance of not utilising buffer provisions. “Continuous deposit repricing and mix change in favor of secured assets could keep NIMs under ...
This, combined with elevated loan-deposit ratios, is expected to result in stable to slightly lower margins for most banks, analysts said. Gross non-performing assets (NPA) ratio for Axis Bank ...
Private lender Axis Bank Ltd.'s earnings for the October-December 2024 period saw higher slippages and lagging deposit growth, leading to brokerages slashing their target price on the bank's ...