Axis Bank Ltd.

NSE: AXISBANK | BSE: 532215 | ISIN: INE238A01034 | Industry: Banks
| Mid-range Performer
1135.9000 2.90 (0.26%)
NSE Sep 19, 2025 15:31 PM
Volume: 8.9M
 

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Axis Bank Ltd.
27 Oct 2021
1135.90
0.26%
IDBI Capital
Axis Bank's restructured assets stood at 0.66% lower than its peers; as minimal restructuring under 2.0. Asset quality improved with GNPA at 3.53% vs 3.85% led by lower slippages and higher recoveries and upgrades. However, credit growth slows down to 10% YoY vs 12% YoY (Q1FY22); lower than its peers led by decline in corporate book (down 5% QoQ). PAT grew by 86% YoY led by lower provisions (down 60% YoY). NII grew by 8% YoY led by decline in NIMs at 3.39% (3.46% QoQ). PPoP declined by 11% YoY (down 4% QoQ) led by higher operating expenses (up 36% YoY). With management change behind, strong capital in place and focus on secured retail portfolio, AXISB...
Axis Bank Ltd. is trading below its 100 day SMA of 1142.3
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