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PSU bank stocks vs private banks in FY27: The valuation trap you need to avoidPSU banks achieved historic profit and NPA lows in FY26, yet analysts favor leading private banks for FY27. This shift is driven by superio...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
Axis Bank shares tank 5% after weak Q4. What are Motilal Oswal, other top brokerages saying?Axis Bank shares fell after a muted Q4FY26, with net profit slipping 0.6% YoY to Rs 7,071 crore, even as both interest income and expenses ...
Axis Bank Q4 profit dips on higher provisions, trading lossAxis Bank's net profit saw a slight dip in the fourth quarter. This was impacted by trading losses and a new provision for potential risks....
Axis Bank Q4 Results: PAT falls marginally YoY to Rs 7,071 crore; NII rises 5%Axis Bank Q4 Results: Axis Bank reported a marginal 0.64% YoY decline in Q4FY26 net profit to Rs 7,071 crore, despite steady growth in inte...
Provisioning for NPAs up 20% in December, driven by sharp rise in private sector bank provisionsIn the December quarter, nonperforming asset (NPA) provisions for 29 banks rose by 20% year-on-year, reaching Rs 23,298 crore, driven by a ...
Axis Bank to watch out for third wave, says MD even as Q1 net almost doublesAsset quality improved on a year-on-year basis but worsened sequentially. The gross non-performing loan ratio for the June quarter came at ...
Axis Bank Q4 takeaways: Provisions fall sharply, subsidiaries performance and moreAxis Bank’s AMC business also doubled its PAT for the fiscal 2021 to Rs 242 crore from Rs 121 crore in FY20. In comparison, Axis Finance’s ...
Axis Bank shares decline over 2% in early trade; bounces back laterThe country's third largest private sector lender Axis Bank on Wednesday reported a 29 per cent decline in December quarter consolidated ne...
Axis Bank Q3 results: Net profit falls 36% to Rs 1,117 cr on higher provisioning; NII rises 14%In a filing to the BSE, the bank said its profit was adversely impacted by nearly Rs 1,050 crore on account of prudent expense and provisio...
Nomura expects ICICI Bank, Axis Bank to get re-ratedRaising target price on ICICI Bank by 8.5% to Rs 700 and on Axis Bank by 10.5% to Rs 1050, Nomura said both the lenders remain its top sect...
Banking sector stares at additional Rs 40,000 cr NPAsBanks are already saddled with NPAs of over Rs 8L-cr and there seems to be no respite from the mounting bad loans.
Axis Bank Q2 profit jumps 35% YoY, but asset quality worsensAsset quality worsened in Q2 with percentage of gross NPAs rising to 5.90% from 5.03% in June.
Axis Bank falls after missing Q1 profit estimatesThe bank had earned a net profit of Rs 1,978.44 crore in the April-June quarter of last financial year. Total income of the bank improved t...
Axis Bank balance sheet will be clear of NPAs after 2 years: Siddharth Purohit, Angel Broking60 per cent of the Rs 26,600 crore loan that is roughly Rs 13,500 crore loan should fall under NPA over the next two years.
Expecting credit cost for next FY to be around 125 bps: Jairam Sridharan, Axis Bank"The idea of a watch list is that there has been a lot of speculation that has been going on in the market in the corporate lending sector."
Axis Bank better placed than ICICI and other PSU banks: NomuraNomura has said that Axis Bank is better placed than ICICI Bank and other PSU bank peers in terms of corporate book profitability.
- To lookout for slippages in Axis Bank in Q2 FY13, says Harendra Kumar, Elara Capital
"If you structurally own HDFC Bank, Axis & ICICI Bank are your beta trades. The first improvement in numbers will come in these two stocks"...
- Axis Bank slips on higher provisioning, analysts remain positive
Axis Bank Ltd slipped over 2% on Tuesday after the bank reported its first quarter numbers of FY13 weighed down by higher provisioning and ...
- Buy Axis Bank on decline: IIFL Wealth
From a valuation perspective, it is trading at a much cheaper valuation than where it should trade. So, I continue to hold and possibly use...