Axis Bank Ltd. closed 23.57% short of its 52-week high of 1,339.55 rupees, which the company reached on July 12th.
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India's Axis Bank tumbles on profit miss, asset quality woes(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 ...
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 ...
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 ...
Most banking stocks fell post RBI's 25 bps repo rate cut, with SBI dropping nearly 2 per cent. However, AU Small Finance Bank ...
Axis Bank's provisions and contingencies ... The bank made provisions "largely towards unsecured retail portfolio that has slipped in the current market environment," Chief Financial Officer ...
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 ...
Axis Bank Ltd. closed 23.81% short of its 52-week high of 1,339.55 rupees, which the company reached on July 12th.
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 ...
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