Axis Bank has fixed its big bad loans but small loan risks are rising
5 years, 8 months ago

Axis Bank has fixed its big bad loans but small loan risks are rising

Live Mint  

Private lender Axis Bank has fixed its big bad loan problems that had dragged it down to a loss making lender a year back. The share of loans rated ‘BB’ and below in the lender’s overall corporate loan book has reduced to just 1.3%, from 7.3% a year back. Meanwhile, the bank has shown investors in each of last four quarters that incremental corporate loans are going to strong borrowers with better credit ratings. In a nutshell, Axis Bank has not only fixed its bruised corporate loan book but it has build a provision moat that protects it from potential risk.

Corporate Bank Loans Bad Lender Loan Book  lender  risks  corporate  fixed  bank  loans  retail  rising  small  big  loan  book  share  bad  slippages  axis

History of this topic

Banks bad loans seen worsening by 2026 says RBI
1 week, 3 days ago

Banks bad loans seen worsening by 2026 says RBI

Deccan Chronicle  

Mumbai: Indian banks' gross bad loan ratio may rise from a 12-year low if risks emanating from credit quality, interest rates and geopolitics play out, the Reserve Bank of India said in its December Financial Stability Report published on Monday. This key measure could rise to 3 per cent by the end of March 2026 from a 12-year low of …

Axis Bank Share Price Today on 27-11-2024: Axis Bank share price are up by 0.27%, Nifty up by 0.05%
1 month, 2 weeks ago

Axis Bank Share Price Today on 27-11-2024: Axis Bank share price are up by 0.27%, Nifty up by 0.05%

Live Mint  

Axis Bank Share Price Today on 27-11-2024: At 27 Nov 11:24 today, Axis Bank shares are trading at price ₹1147, 0.27% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 1136.79 10 …

Axis Bank Share Price Today on 26-11-2024: Axis Bank share price are down by -0.42%, Nifty up by 0.03%
1 month, 2 weeks ago

Axis Bank Share Price Today on 26-11-2024: Axis Bank share price are down by -0.42%, Nifty up by 0.03%

Live Mint  

Axis Bank Share Price Today on 26-11-2024: At 26 Nov 11:22 today, Axis Bank shares are trading at price ₹1150.65, -0.42% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Axis Bank Share Price Today on 25-11-2024: Axis Bank share price are up by 1.03%, Nifty up by 1.82%
1 month, 2 weeks ago

Axis Bank Share Price Today on 25-11-2024: Axis Bank share price are up by 1.03%, Nifty up by 1.82%

Live Mint  

Axis Bank Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Axis Bank shares are trading at price ₹1154.75, 1.03% up from the previous closing price. On the technical front, the stock is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The stock will have support at 5,10,300 days SMA & face resistance at …

Axis Bank Share Price Today on 22-11-2024: Axis Bank share price are down by -0.43%, Nifty up by 1.31%
1 month, 2 weeks ago

Axis Bank Share Price Today on 22-11-2024: Axis Bank share price are down by -0.43%, Nifty up by 1.31%

Live Mint  

Axis Bank Share Price Today on 22-11-2024: At 22 Nov 12:23 today, Axis Bank shares are trading at price ₹1134.2, -0.43% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Axis Bank Share Price Today on 12-11-2024: Axis Bank share price are down by -1.34%, Nifty down by -1.07%
1 month, 4 weeks ago

Axis Bank Share Price Today on 12-11-2024: Axis Bank share price are down by -1.34%, Nifty down by -1.07%

Live Mint  

Axis Bank Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Axis Bank shares are trading at price ₹1155, -1.34% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Axis Bank Share Price Today on 11-11-2024: Axis Bank share price are up by 0.44%, Nifty down by -0.03%
Trending News
1 month, 4 weeks ago

Axis Bank Share Price Today on 11-11-2024: Axis Bank share price are up by 0.44%, Nifty down by -0.03%

Live Mint  

Axis Bank Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Axis Bank shares are trading at price ₹1166.6, 0.44% up from the previous closing price. On the technical front, the stock is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The stock will have support at 5,10,300 days SMA & face resistance at …

Axis Bank Share Price Today on 04-11-2024: Axis Bank share price are down by -2.15%, Nifty down by -1.27%
2 months ago

Axis Bank Share Price Today on 04-11-2024: Axis Bank share price are down by -2.15%, Nifty down by -1.27%

Live Mint  

Axis Bank Share Price Today on 04-11-2024: At 04 Nov 16:00 today, Axis Bank shares are trading at price ₹1143, -2.15% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Axis Bank Q4 results: Net profit at ₹7,130 crore, asset quality improves
8 months, 2 weeks ago

Axis Bank Q4 results: Net profit at ₹7,130 crore, asset quality improves

Hindustan Times  

Axis Bank on Wednesday reported a consolidated net profit of ₹7,599 crore during March 2024 quarter, but expressed concerns over deposit accretion in the new fiscal. Sequentially, the bank's net profit grew 17 per cent as compared to ₹6,071 crore earnings recorded in the preceding quarter of FY24. The bank reported a 22 per cent growth in net profit from …

Axis Bank posts Rs 7,130 cr net on margin uptick, higher loan sales
8 months, 2 weeks ago

Axis Bank posts Rs 7,130 cr net on margin uptick, higher loan sales

New Indian Express  

MUMBAI: The third largest private sector lender Axis Bank on Wednesday reported a massive growth in net income at Rs 7,130 crore as against a one-time loss of Rs 5,728 crore in the year-ago period after it bought out the retail banking unit of Citi India, marking a 17 percent improvement over the previous quarter. For the full year, the …

Axis Bank focuses on strong digi-retail banking; analysts bullish on stock
1 year, 1 month ago

Axis Bank focuses on strong digi-retail banking; analysts bullish on stock

Live Mint  

Axis Bank analyst day: Brokerages have maintained a "buy" rating on Axis Bank's stock following its analyst day, and they estimate a 13% to 23% upside for the stock. According to reports, providing comprehensive digital journeys and improving customer experiences were the main priorities of Axis Bank. Let's take a look at what the domestic brokerages have to say following …

Axis Bank hikes FD rates by up to 7.26% effective from today
1 year, 10 months ago

Axis Bank hikes FD rates by up to 7.26% effective from today

Live Mint  

The private sector lender Axis Bank has hiked its interest rates on fixed deposits of less than ₹2 Cr. Following the announcement, Axis Bank is now providing interest rates on deposits maturing in 7 days to 10 years that range from 3.50% to 7.00% for the general public and 6.00% to 7.75% for senior citizens. Axis Bank is now providing …

Axis Bank Q3 Results: Net Profit Rises 62 Per Cent To Rs 5,853 Crore
1 year, 11 months ago

Axis Bank Q3 Results: Net Profit Rises 62 Per Cent To Rs 5,853 Crore

ABP News  

Axis Bank, one of India's biggest private sector lenders, on Monday clocked a 62 per cent rise in net profit at Rs 5,853 crore for the quarter ended December 2022, driven by increase in net interest income and decline in bad loans. Axis Bank's total income increased to Rs 26,892 crore in the quarter from Rs 21,101 crore in the …

Axis Bank hikes FD rates, senior citizens can now earn as high as 8.01%
1 year, 11 months ago

Axis Bank hikes FD rates, senior citizens can now earn as high as 8.01%

Live Mint  

The leading private sector lender Axis Bank has hiked interest rates on fixed deposits of less than ₹2 Cr. Following the modification, Axis Bank is now providing interest rates on deposits maturing in 7 days to 10 years that range from 3.5% to 7.00% for the general public and 3.5% to 7.75% for senior citizens. The general public will now …

The test for Axis Bank, after a stellar Q2
2 years, 2 months ago

The test for Axis Bank, after a stellar Q2

Live Mint  

There is exuberance among Axis Bank Ltd’s investors. For the second quarter, Axis Bank’s performance can be described as focused earnings delivery after a balance-sheet strengthening phase, said analysts at ICICI Securities Ltd. Govt looking to sell stake in listed rail firms HUL investors must keep expectations low After Q2 results, several broking firms revised the bank’s earnings estimates upwards. …

Axis Bank Hikes MCLR; Home Loan, Car Loan EMIs to Increase Soon; Know Details Here
2 years, 4 months ago

Axis Bank Hikes MCLR; Home Loan, Car Loan EMIs to Increase Soon; Know Details Here

News 18  

Axis Bank MCLR Rate Hike: India’s leading private sector lender Axis Bank has hiked its marginal cost of lending rate, the lender has said in a notification last week. With the latest rise in MCLR rates, the overnight and one-month MCLR rate of Axis Bank now stand at 7.85 per cent. The MCLR for three months, has been hiked to …

Axis Bank Q1 Results: Lender's Net Profit Nearly Doubles To Rs 4,125 Crore; NII Up 21 Per Cent
2 years, 5 months ago

Axis Bank Q1 Results: Lender's Net Profit Nearly Doubles To Rs 4,125 Crore; NII Up 21 Per Cent

ABP News  

Private sector lender Axis Bank on Monday announced its April-June quarter results, the PTI reported. The bank said its net profit nearly doubled to Rs 4,125 crore in the first quarter of FY23, as bad loans decline. According to the report, Axis Bank had clocked a net profit of Rs 2,160 crore in the corresponding quarter of the previous fiscal …

Axis Bank Hikes Fixed Deposit Interest Rates for These Tenors; Check New FD Rates Here
2 years, 5 months ago

Axis Bank Hikes Fixed Deposit Interest Rates for These Tenors; Check New FD Rates Here

News 18  

Axis Bank Fixed Deposit Interest Rate: Private sector lender Axis Bank has increased its fixed deposit interest rates for select account holders who open such accounts. The new Axis Bank FD interest rates are applicable on tenors between six months and nine months. For deposits maturing between six months to less than seven months, and for tenors between eight months …

Axis Bank Fixed Deposit, Savings Account Interest Rates Hiked: Check Latest Rates Here
2 years, 6 months ago

Axis Bank Fixed Deposit, Savings Account Interest Rates Hiked: Check Latest Rates Here

News 18  

Axis Bank Interest Rate Hike: Leading private sector lender Axis Bank has good news for its customers. Axis Bank FD Interest Rates The Axis Bank FD rate hike comes at a time when leading banks are increasing their fixed deposit interest rates. Here are the revised interest rates on fixed deposits below Rs 2 crore at the Axis Bank from …

Axis Bank Hikes MCLR Rates Today, Home Loan, Car Loan EMIs to Increase; Check Here
2 years, 7 months ago

Axis Bank Hikes MCLR Rates Today, Home Loan, Car Loan EMIs to Increase; Check Here

News 18  

Axis Bank MCLR Rate Hike: India’s leading private sector lender Axis Bank has hiked its marginal cost of lending rate, the lender has said in a notification on Wednesday, May 18. With the latest rise in MCLR rates, the overnight and one-month MCLR rate of Axis Bank now stand at 7.55 per cent. The MCLR for three months, has been …

Things one should know before you go for home loans
2 years, 9 months ago

Things one should know before you go for home loans

Live Mint  

If finding the right apartment to buy seems tricky, understanding what all a home loan entails may be no different. Under its ongoing festive offer till 31 March, the bank is offering home loans at 6.7% per annum to salaried individuals with a credit score of 750 and above. In the case of IDFC First Bank and Axis Bank, while …

Axis Bank Shares Jump Over 6% After Stellar Show In Q3
2 years, 11 months ago

Axis Bank Shares Jump Over 6% After Stellar Show In Q3

ABP News  

New Delhi: Private lender Axis Bank’s shares on Tuesday jumped over 6 per cent after the bank’s consolidated net profit for the December quarter zoomed almost three times. The bank’s core net interest income grew 17 per cent to Rs 8,653 crore on the back of a 17 per cent loan growth and a marginal expansion in the net interest …

Axis Bank Revises Fixed Deposit Rates for General Public; Check Latest FD Rates
2 years, 11 months ago

Axis Bank Revises Fixed Deposit Rates for General Public; Check Latest FD Rates

News 18  

Axis Bank Fixed Deposit Interest Rate: Leading private sector lender Axis Bank has announced major alterations on its fixed deposit interest rates for account holders who open such accounts. This comes days after the country’s biggest public sector State Bank of India, as well as private lender HDFC Bank, also revised their fixed deposit interest rates. From Thursday, Axis Bank …

Axis Bank: investors should forgive the net loss but not forget bad loans
5 years, 2 months ago

Axis Bank: investors should forgive the net loss but not forget bad loans

Live Mint  

Exactly six quarters ago, Axis Bank Ltd reported a massive quarterly loss owing to a bad loan-battered balance sheet. This time’s loss for the September quarter is due to a one-time tax adjustment, as the lender moved to a lower tax bracket after the government’s corporate tax cut announcement. Simply put, Axis Bank’s bad loans are not reducing because borrowers …

Kotak Mahindra Bank, Axis Bank signal stress in loan book in worst economic slowdown in years
5 years, 2 months ago

Kotak Mahindra Bank, Axis Bank signal stress in loan book in worst economic slowdown in years

Firstpost  

Kotak Mahindra Bank Ltd, the nation’s third-largest lender by market value, trimmed its full-year loan growth forecast, while the sixth-biggest bank Axis Bank Ltd said its small business and small and medium enterprises categories have come under pressure due to delayed payments Mumbai/Bengaluru: Two top Indian private-sector lenders on Tuesday signalled stress in their loan books as the banks grapple …

Axis Bank reports loss of ₹112 cr on one-off tax adjustment
5 years, 2 months ago

Axis Bank reports loss of ₹112 cr on one-off tax adjustment

Live Mint  

Axis Bank Ltd incurred a loss of ₹112 crore for the quarter ended 30 September, due to a one-time hit of ₹2,138 crore as the value of future relief through deferred tax assets will fall because of the corporate tax rate cut. With tax rates reduced, the entire DTA has to be restated at 25% instead of 35%,” said Jairam …

Axis Bank revises fixed deposit rates. Latest FD rates here
5 years, 4 months ago

Axis Bank revises fixed deposit rates. Latest FD rates here

Live Mint  

Private sector lender Axis Bank has revised interest rates on fixed deposits or FDs, days after Reserve Bank of India lowered the repo rate for the fourth time this year. Axis Bank latest FD rates for general public 7 days to 14 days 3.50% 15 days to 29 days 3.50% 30 days to 45 days 5.50% 46 days to 60 …

Axis Bank’s June quarter shows growth sparks, but fresh stress appears too
5 years, 5 months ago

Axis Bank’s June quarter shows growth sparks, but fresh stress appears too

Live Mint  

At a time when there is a broad-based economic slowdown, growth in lending is hard to come by. In that scenario, Axis Bank Ltd’s swift turnaround to a robust core income growth, driven by 19% increase in domestic loans, should cheer investors. Indeed, the management said the bank is not chasing extraordinary growth, but would rather lend to good borrowers, …

Axis Bank revises fixed deposit (FD) rates. Check out the latest rates here
5 years, 5 months ago

Axis Bank revises fixed deposit (FD) rates. Check out the latest rates here

Live Mint  

Axis Bank has revised interest rates on its fixed deposits with effect from 10 July 2019. Earlier, top lenders like ICICI Bank, HDFC Bank, Punjab National Bank, Canara Bank and Kotak Mahindra Bank had revised interest rates on their term deposits. The bank is now offering 7.3% for FDs maturing in 2 years but not more than 3 years and …

Axis Bank back in the black with ₹1,505 crore profit in Q4
5 years, 8 months ago

Axis Bank back in the black with ₹1,505 crore profit in Q4

Live Mint  

Private sector lender Axis Bank on Thursday reported a net profit of ₹1,505 crore in the March quarter of FY19, as against a loss of ₹2,188.7 crore in the same period last year. Axis Bank’s other income, which includes core fee income, rose 26% y-o-y to ₹3,526.28 crore in the three months to March 2019. The bank’s gross non-performing assets …

CEO Amitabh Chaudhry’s cautious aggression makes Axis Bank darling of investors
5 years, 9 months ago

CEO Amitabh Chaudhry’s cautious aggression makes Axis Bank darling of investors

Live Mint  

Investors can’t stop piling up on the stock of Axis Bank Ltd, India’s third-largest private sector lender. Part of this is driven by the hope that the bank’s new CEO will narrow the gap with the top private sector lender, HDFC Bank Ltd. Axis Bank’s stock has risen 20% so far this year, while HDFC Bank and second-ranked ICICI Bank …

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