India's Axis Bank tumbles on profit miss, asset quality woes
By Ashna Teresa Britto and Siddhi Nayak (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,
Higher provisions, slower loan growth hurt Axis Bank’s Q3 profit
Gross slippages for the December quarter rose 22% sequentially and 46% annually to ₹5,432 crore, the bank said in statement detailing its quarterly results. Slippages to the tune of ₹4,923 crore were from the retail book,
Axis Bank Q3 results highlights: Net profit in-line with expectations; asset quality stable
Mumbai-based private lender Axis Bank Ltd. reported results for the December quarter, which were in-line with expectations. Net Interest Income increased by 8.6% from last year and was in-line with expectations,
India's Kotak Mahindra Bank Q3 profit rises 10% on higher lending income
India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.
Axis Bank logs disappointing 3.83% growth in net profit in third quarter
MUMBAI: The third largest private sector lender Axis Bank has reported a disappointing 3.83% on-year growth in net profit at Rs 6,304 crore in the December quarter following moderate loan growth and a spike in loan loss provisions due to rising delinquencies.
Infosys, Axis Bank drag down Indian benchmarks, outweighing Reliance's gains
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What do Axis Bank’s results signal?
Key takeaways from Axis Bank's Q3 results include slower deposit and loan growth, rising NPAs, and potential industry ...
Axis Bank Q3 Results Review: Earnings miss estimates; brokerages slash targets
Axis Bank Q3FY25 results miss estimates as net profit rises three-point eight three percent YoY. Slower credit, deposit ...
Axis Bank Q3: Brokerages cut target prices, expect credit, deposit growth to slow
Brokerages rushed to cut their target price on Axis Bank shares following its Q3 results, amid higher slippages and tight ...
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Axis Bank shares fall 6% after multiple price target cuts on weak Q3 results
Out of the 49 analysts who have coverage on Axis Bank, 40 of them have a "buy" rating, while the other nine have a "hold".
Axis Bank shares: Target prices see cuts as credit cost highest, deposit growth slowest among peers
Slippages jumped, driven by agri and unsecured, credit cost remained highest among top 5 banks and deposit growth the slowest ...
Axis Bank Share Price Highlights: Axis Bank Stock Price History
Welcome to the Axis Bank Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a ...
Axis Bank underperforms Friday when compared to competitors
Axis Bank Ltd. 532215 shares slipped 4.71% to 991.25 Indian rupees Friday, on what proved to be an all-around dismal trading ...