Axis Bank Npas

• 

  Axis Bank's Shares Fall Over 5%, Despite Net Profit Soaring 54% To Rs 4,118 Crore

  Axis Bank on Thursday reported a 54 per cent jump in its standalone net profit to Rs 4,117.77 crore for the quarter ended March 2022

• 

  Axis Bank's December Quarter Net Profit Soars 3-Folds To Rs 3,614 Crores

  Axis Bank on Monday reported more than three-fold jump in its net profit at Rs 3,614 crore in the third quarter of the current fiscal

• 

  Axis Bank Shares Soar Over 8% As Asset Quality Improves

  Axis Bank's total interest income came in at Rs 16,538.89 crore in the June quarter, marking a gain of 8.42 per cent compared to the year-ago period.

• 

  Axis Bank Rises Over 3% After December Quarter Earnings

  Axis Bank Share Price News: At 11:57 am, Axis Bank shares traded 1.40 per cent higher at Rs 722.75 apiece on the BSE, outperforming the benchmark Sensex index which was up 0.23 per cent.

• 

  Axis Bank Profit Nearly Doubles To Rs 1,370 Crore In June Quarter

  Axis Bank's net NPA stood at 2.04 per cent compared with 2.06 per cent in the previous quarter, the Mumbai-based private lender said.

• 

  Axis Bank Reports Profit Of Rs 701 Crore In April-June, Beats Analysts' Estimates

  Axis Bank's loans grew 14 per cent from a year earlier, driven by retail and small-and-medium enterprise divisions, leading to a 12 per cent rise in net interest income.

• 

  RBI Has Directed Resolution Of 12 Accounts By December: Axis Bank

  In a regulatory filing, Axis Bank said it has a total exposure of Rs 2,492 crore in these 12 accounts.

• 

  PSU Bank Shares Surge As Arun Jaitley Promises Solution To Bad Loans

  Buying was also seen in private lenders, with ICICI Bank trading 3.03 per cent higher and Axis Bank 0.83 per cent up.

• 

  Fitch Downgrades Indian Banking Outlook To Negative

  Rating agency Fitch has downgraded its outlook on the Indian banking sector to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.

• 

  Morgan Stanley Bets On Private Banks, NBFCs, Retains 'Sell' On PSU Lenders

  Morgan Stanley expects private lenders and non-banking finance companies to continue to outperform their public sector counterparts at a time when the domestic economy is showing signs of recovery.

• 

  ICICI Bank's Rs 44,000 Crore Shocker Hits Shares: 10 Things To Know

  ICICI Bank's disclosure that loans worth Rs 44,000 crore or 4.8 per cent of its total assets are in the stressed sector triggered a sharp selloff in its shares on Monday. ICICI Bank's warning on bad loans comes days after Axis Bank put corporate loans worth about Rs 22,600 crore under a "watch list".

• 

  Axis Bank's Exposure to Highly Leveraged Companies at 8% in Q3

  Axis Bank today said it has an exposure of eight per cent in eight large debt-ridden corporate groups at the end of December 2015.

• Private banks shun asset reconstruction firm route to offload bad assets

  Even as the public sector banks have made a beeline to dispose of their bad loans to the asset reconstruction companies (ARCs) in the March quarter, private banks are not only unenthused in adopting this route, but have also virtually shunned this.

• Axis Bank net profit rises 19% but NPA rises

  Its gross net performing assets (NPA) rose to 1.25 per cent in the third quarter as compared to 1.19 per cent in the previous quarter.

• Banking stocks fall sharply, Axis Bank down 5%

  Banking stocks fell sharply Wednesday on concerns of rising non-performing loans amid a slowing economy. The banking index on the BSE traded 1.5 per cent lower, underperforming the benchmark Sensex, which was down 0.7 per cent at 1.40 p.m.