Axis Bank’s 90 percent fresh slippages came from retail segment in the third quarter of the current financial year, said chief financial officer, Puneet Sharma during the post-Q3 earnings ...
Axis Bank will need slippages to peak and growth to accelerate in order to bridge valuation gap with larger private peers, JPMorgan said in a note. "Microfinance and unsecured retail slippages ...
Gross non-performing assets (NPAs) stood at 1.46 per cent at the end of the December quarter, and net NPAs stood at 0.35 per cent ...
Analysts have advised investors to buy Axis Bank Ltd., The Indian Hotels Co., Gala Precision Engineering Ltd., Bajaj Finance ...
Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.
PM, the Nifty Private Bank index was the top loser among financial sector indices, down 2.4 per cent as compared to 0.52 per ...
Most banking stocks fell post RBI's 25 bps repo rate cut, with SBI dropping nearly 2 per cent. However, AU Small Finance Bank ...
It is a tough environment," he remarked. ALSO READ: 90% of slippages came from retail portfolio: Axis Bank’s CFO Puneet Sharma on Q3 results Looking ahead, Chaudhry said that the bank would ...
Axis Bank Ltd (STU:UZC) is experiencing heightened delinquency levels in unsecured retail products, such as personal loans and credit cards. The bank's net interest margin has declined by 6 basis ...
(Reuters) -Shares of Axis Bank fell to a 14-month low on Friday, a day after the lender missed profit estimates on slower loan growth, higher bad loan provisions, and forecast that retail asset ...
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