Axis Bank's MD said that the growth on the income side has been subdued, as a lot of the charges have been removed over a period of time.
The case pertains to the 'fit & proper’ criteria of Embassy REIT’s former CEO Arvind Maiya against whom Sebi issued an interim order in November 2024
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Analysts cautioned that the coming quarters may stay subdued as the full impact of repo rate cuts is yet to play out on profitability
Moneycontrol collated a list of the top 10 rate-sensitive stocks, curated by experts with a 3–4-week perspective, following the Reserve Bank of India's decision to maintain the status quo on rates.
The financial burden is expected to intensify further once the Section 232 tariffs on pharmaceuticals are implemented - currently at zero - and if additional punitive levies are introduced, the report added.
Junior-level churn falls across lenders and private banks saw some breather in pace of attrition in FY25, lowest since FY22
Deven Choksey recommended accumulate rating on Axis BANK with a target price of Rs 1186 in its research report dated July 21, 2025.
Chowdhry a high-profile banker in the consumer banking space, had joined the Axis Bank post acquisition of Citibank India’s consumer business on March 1, 2023, by Axis Bank.
ICICI Securities is bullish on Axis Bank recommended buy rating on the stock with a target price of Rs 1370 in its research report dated July 18, 2025.
Emkay Global Financial is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated Jun 18, 2025.
Nifty Financial Services index was down nearly 1%, while the Nifty Private Bank index slipped 1.23%, with 8 of its 10 constituents trading in the red.
Challenges remain and a gradual recovery is likely from FY27
Prabhudas Lilladher is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 1375 in its research report dated July 18, 2025.
Axis Bank’s retail loan growth is disappointing and its home loans have hardly grown in many quarters
Axis Bank reported a weak Q1 with muted profit growth, higher slippages, and shrinking margins. Brokerages cut earnings estimates and targets, citing asset quality deterioration and margin pressures
Stocks to Watch, 18 July: Stocks like Wipro, Axis Bank, LTIMindtree, Indian Hotels, Lupin, Tracxn Technologies, Capital Small Finance Bank, Veranda Learning Solutions, IndoStar Capital Finance, and Sunteck Realty will be in focus on July 18.
The asset quality of the bank deteriorated in April-June quarter on sharp increase in the gross slippages due to technical impact. The gross and net non-performing asset ratio of the bank increased by 30 basis points (Bps) and 15 bps, respectively, on a yearly basis.
Axis Bank’s June quarter earnings were dented by a one-time “technical” adjustment in the way it recognises loan slippages and upgrades. The management explained that stricter, qualitative parameters, especially on cash credit, overdraft, and one-time settlement accounts, led to higher bad loan recognition and weighed on profit
Axis Bank NIMs fell 25 basis points to 3.8 percent in Q1FY26, but the management reaffirmed its confidence in maintaining margins at this level through the current rate cycle, describing the trajectory as an “inverted C.”
Axis Bank reported a 4 percent year-on-year drop in net profit to Rs 6,034 crore for Q1FY26 as a one-time “technical impact” inflated slippages and weighed on earnings
Net interest income (NII) grew marginally by 0.8 percent to Rs 13,560 crore in the quarter under review against Rs 13,448 reported in the year ago period.
Axis Bank is likely to report a muted performance for the January–March quarter, as slow loan growth, shrinking margins, and rising slippages weigh on earnings.
Net Interest Income (NII) is expected to increase by 2.8 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 13,829.8 crore, according to Prabhudas Lilladher.
Motilal Oswal recommended Neutral rating on Axis Bank with a target price of Rs 1300 in its research report dated July 14, 2025.