Axis Bank Results

Citi deal may be complete in May: Axis Bank MD & CEO Amitabh Chaudhry

In March 2022, Axis Bank said it would purchase Citi's retail business in a transaction worth Rs 12,235 crore

Axis Bank Q1 review: Why did shares fall 3.5% despite 91% surge in profit?

According to analysts, Axis' earnings beat was led by NIM expansion, and credit cost being restricted at less than 20 bps

Axis Bank Q1 result today: A look at the numbers in the last four quarters

Axis Bank Q1 Results: In FY22, the bank doubled its net profit to Rs 13,025 crore. The operating profit of the bank grew by 13 per cent YOY & 5 per cent QOQ, in Q4FY22

Large banks with healthy performance to outperform industry: Axis Bank CEO

As the competition heats up between banks and the new-age fintech firms, large banks with healthy operational perfomances and strong balance sheet will continue to grow faster than the industry, Axis Bank MD&CEO Amitabh Chaudhry said in the annual report 2021-22 released on Wednesday. With a number of transformation driven initiatives like One Axis and stepping up of investments on technology among others, he said these are the steps for building a 'Bank of Bharat'. "....raising the bar on customer obsession with our project 'Sparsh', and the contracted acquisition of Citi's India consumer business continue to push our agenda in the right direction," Chaudhry said in his statement to the shareholders of the bank. He said there has been intense competition between the incumbent banks and new age fin-tech companies to win the hearts and minds of customers. "In such an environment, the large banks with healthy operational performance, strong balance sheet and capital position, ...

Axis Bank expects repo rate to rise to 5.75% by end of this fiscal

With inflation remaining at elevated levels, RBI may gradually increase the benchmark lending rate to about 5.75% by the end of this fiscal, Axis Bank chief economist Saugata Bhattacharya said

Axis Bank Q4 net profit soars 54% to Rs 4,118 cr; NII up 17%

Lender's board recommends dividend of Rs 1 per equity share for the year ended 31 March, 2022.

Axis Bank Q4 preview: Low provisioning likely, but asset quality may worsen

The lender may see single-digit loan growth, deterioration in asset quality, and slippages at 4.5 per cent of loan book

Axis Bank logs net profit of Rs 1,683 cr in Q2; NII up 20% to Rs 7,326 cr

NII has grown 20 per cent to Rs 7,326 crore in the July-September quarter of FY21, compared to Rs 6,102 crore in the corresponding period of last financial year

Axis Bank, Bajaj Auto, HUL: Here's how to trade result-driven stocks

The results outcome have seen profit booking on the gap up opening

Axis Bank's Q4 loss reflects rise in systemic risks in banking sector: S&P

Axis' credit costs for the quarter ended March 31, 2020 are higher than anticipated, but some of it is precautionary

Axis Bank tanks 6% on Rs 3,000 crore provisions in Q4 due to Covid-19

Historically, Q4 is the first time since March 2018 that the bank has dipped into losses of this magnitude because of the provisioning cost

Axis Bank reports Rs 1,878-crore pre-tax loss in Q4 on Covid-19 provisions

the bank reported a 17 per cent increase in its operating profit at Rs 5,851 crore in the March quarter

Axis Bank reports net loss of Rs 1,388 cr in Q4FY20; NII at Rs 6,808 cr

The private lender's net interest income (NII) came in at Rs 6,808 crore for the period under review

Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Here are the top 10 headlines on Tuesday

Axis Bank to report Q4 earnings today; here's what analysts expect

Analysts at MOFSL believe the Mumbai-based bank's credit cost may stay elevated led by higher slippages. Besides, asset quality could witness some pressure along with modest loan growth.

Axis Bank jumps 3% as Q3 loan growth hits 7-qtr high, NIM best in 2.5 yrs

The bank's net interest income, which grew 15.15 per cent, met D-Street estimates. It's standalone NII stood at Rs 6,452.98 crore over an NII of Rs 5,603.7 crore clocked in Q3FY19.

Axis Bank Q3 net profit misses Street estimates, up 5% YoY at Rs 1,757 cr

On the asset quality front, the Mumbai-based bank reported gross non-performing assets at Rs 30,073 crore for the recently concluded quarter. This was up 3.4 per cent QoQ

Axis Bank Q3 results: PBT down 8.03%, bad loan provisions fall 11.63%

The stock closed lower by 0.7 per cent at Rs 712.7 per share on BSE

Axis Bank Q3 preview: Commentary on employee churn, NPAs key monitorables

During the quarter under review, the counter has outperformed the benchmark S&P BSE Sensex by surging 10.12 per cent, as against a 6.6 per cent gain in the index.

More hits than misses for Axis Bank MD & CEO Amitabh Chaudhry in 2019

Better share of retail assets, improved underwriting standards were the positives of his first year as MD & CEO; asset quality not turning around briskly was a blip