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- Analysts expect modest growth in net interest income and profit. Net interest income is projected to rise by 1% QoQ, while profit growth is expected to be in the range of 2-5% QoQ. The bank's net interest margins may decline due to higher cost of deposits. Other factors to watch include credit costs, business growth, loan mix, and asset quality.
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Oct 18, 2024 · Axis Bank Q2 results, share price target: Despite a subdued September quarter (Q2) results for the current financial year 2024-25 (FY25), Axis Bank share price rallied as much as 6.3 per cent intraday today.
Axis Bank at a glance. Market Share. Profitability. Balance Sheet. Key Subsidiaries. Based on Mar’24 data (excluding merger impact of large NBFC with bank) *domestic network including extension counters. Our House of GPS remains relevant, we have strengthened it with distinctiveness and identified focus themes to take charge.
Jan 23, 2024 · Leading private lender Axis Bank will report its third quarter results today and analysts expect a modest growth in both net interest income and profit. The year-on-year figures are still not comparable because of Citi's acquisition.
Dec 11, 2023 · Axis Bank expects trend-growth estimates for India to get revised to 7%+, boosted by cyclical recovery in capital formation (real-estate and corporate capex) and structural drivers (better infrastructure, formalization). Inflation to return to target gradually, limiting easing options.
Oct 14, 2022 · Axis Bank shares likely to rise 37% in a year, here's why. Axis Bank share price today: The revised target price of Rs 1,100 is 37 per cent higher to the Thursday's closing of Rs 802.25....
Outlook 2024: India resilient in a growth-challenged world. December 07, 2023. umptions. However, global headwinds are likely to intensify, as US growth in 2023 was boosted by unsustainable fisca. support. India’s growth can therefore decelerat.
Apr 25, 2024 · Axis Bank shares rallied 5% to the day’s high of Rs 1,119 on Thursday after the company posted results better than market expectations yesterday. The lender reported a robust profit of Rs 7,129.67 crore for the March quarter, supported by margin expansion and higher non-core incomes.