ICICI Securities Ltd | Retail Equity Research Axis Bank's asset quality parameters deeply worsened in Q4FY18. Slippages increased by 3.7x QoQ to | 16536 crore. Around 84% came from the corporate book. Most corporate slippages (~90%) in Q4 came from the BB & below book, particularly the power sector Consequently, the absolute GNPA increased from | 25000 crore in Q3FY18 to | 34249 crore in Q4FY18. The GNPA ratio was at 6.77% New guidelines for resolution of stressed assets drove recognition in...