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Axis Bank Q2 results preview: Analysts see modest profit growth, weak NIM

Business Standard LogoBusiness Standard10h ago

Axis Bank Q2 results preview: Analysts see modest profit growth, weak NIM - Business Standard

Quick Summary:

Further, Kotak Institutional Equities said Axis Bank's slippages may come at Rs 5000 crore (around 2 per cent of loans), mostly led by retail.

Axis Bank's Q2 2024 NII, Nuvama Institutional Equities said, is expected to grow 1.8 per cent Q-o-Q and 11.2 per cent Y-o-Y.

Including the 'Other income' of Rs 6,070 crore, 'Total income' of Axis Bank at the end of Q2 FY25 could stand at Rs 19,700 crore, MOFSL said."We expect Axis Bank's credit-deposit (CD) ratio, along with cost ratios, to remain elevated in Q2 FY25.


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Published On: 2024-10-15 @ 11:39:51 (10 hours ago)

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