Highlights - Tepid numbers as the bank recognises post Covid stress - Further step-up of provision — provision coverage at 75 per cent on recognition of full stress - Total provision 116 per cent of gross NPA and non-NPA provision 2.08 per cent of standard assets - Minuscule restructuring only for viable cases - Loan book growth driven by secured retail, quality of loan book steadily improving - Adequate capital and excellent liability to propel growth - Valuation re-rating on the cards as normalcy returns Axis Bank’s...
Moneycontrol Pro Panorama | Markets fret at growth risks, but is bearishness overdone?
May 18, 2022 / 05:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: IIFL Wealth makes a point, luggage makers stock it up, real estate and Metaverse and much moreRead Now
Moneycontrol Pro Weekender | Losing faith
May 7, 2022 / 10:05 AM IST
Central banks have a trust problem with financial markets over their ability to steer economies towards a soft landingRead Now
To read the full story, Subscribe to Moneycontrol PRO
Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience
Already a member? Sign in
Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to
Ad free experience
Experience a non-intrusive navigation and faster response in the ad free mode
Access to 230+ exclusive stories per month from our editorial and Experts
Have a Global edge with access to content from world renowned experts and journalist
Access to 40+ weekly investment ideas including 4 daily technical calls
Exclusive access to live webinars from market experts on trading and investment strategies
Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.
Get upto 50% discount on limited period offers