Axis Bank reported a strong quarter with advances growing 19% YoY and 6% QoQ, while deposits grew 14% YoY and CASA improved to 40% on MEB basis. NIM moderated to 3.62% (FY26 NIM at 3.69%) reflecting rate cut transmission; management reiterated through-the-cycle NIM guidance of 3.8% to be achieved within 15-18 months from the last rate cut. Asset quality strengthened with GNPA improving 17 bps QoQ to 1.23% and Net NPA at 0.37%. The bank proactively created a one-time voluntary provision of Rs 2,001 cr which is calibrated against a severe stress scenario including oil at $150/bbl neutralised by a Rs 2,193 cr tax...