Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsOpinionAxis Bank’s balance sheet growth is not powering its profits yet

    Axis Bank’s balance sheet growth is not powering its profits yet

    Even as the heat on deposits is on, Axis Bank is aiming to expand its branches, just like its peers to keep up the fight to garner deposits. This and spending on tech, along with general employee expenses, has been a big drag on profits

    Aparna Iyer
    January 23, 2024 / 18:50 IST
    Axis Bank struggles with operating expenses
    • PRO Panorama

      Moneycontrol Pro Panorama | A bag of chips full of air

      Nov 20, 2025 / 03:06 PM IST

      Moneycontrol's Pro Panorama November 20 edition: India's trade ties tilt more to China, position your equity portfolio smartly bef...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts