Axis Bank Ltd.

NSE: AXISBANK | BSE: 532215 | ISIN: INE238A01034 | Industry: Banks
| Mid-range Performer
1180.6000 -6.20 (-0.52%)
NSE Oct 08, 2025 15:31 PM
Volume: 5.2M
 

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Axis Bank Ltd.
28 Jan 2021
1180.60
-0.52%
LKP Securities
3QFY21 marks the manifestation of moderately higher provisioning expenses (46bn v/s 45.8bn in the previous quarter) and net profit of 11.2bn against 16.8bn in the previous quarter. As the asset classification stands still, the bank's reported slippages number remains low (0.3bn v/s 9.3bn in 2QFY21) with GNPA and NNPA ratio declined to 3.44% and 0.74% respectively. The Pro-forma GNPA and NNPA ratio were at 4.55% and 1.19% respectively. The bank's PCR has seen further improvement to 79% v/s 77.2% in the previous quarter. Moreover the resolution rate (98%) stood better than pre-Covid level. Furthermore, the BB & below book inched down 1.37% of customer assets v/s 1.4% in the previous quarter. On business front, credit growth (5.9% YoY &...
Axis Bank Ltd. is trading above all available SMAs
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