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22 Jan, 2012
Axis Bank: stability play
It was not unexpected as the cost of funds increased to 6.34% compared with 6.19% the previous quarter. Second, though overall deposits grew 25%, low-cost current and savings account deposits stood at around 42%, a slight slip from the quarter ago
Source: Livemint.com
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Axis Bank beats St, net rises 24%
Fee income helps bank post `1,100 crore profit in Q3
Source: DNA Money
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Axis Bank profit rises 24% on loan growth
Lender posts Rs 1,102.27 cr profit; to focus on retail loans, unlikely to complete Enam deal by March quarter
Source: Livemint.com
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Interest, fee income lift Axis Bank net 24% in Q3
Axis Bank's net profit increased by 24 per cent to Rs 1,102 crore for the third quarter ended December 31, 2011 from Rs 891 crore in the corresponding year-ago quarter, on the back of robust growth...
Source: The Hindu Business Line
Click here for the full article.20 Jan, 2012
Axis Bank profit rises 24% on loan demand
The bank set aside Rs422.33 crore for bad loans, up from Rs313.88 crore last year as total non-performing assets increased to Rs1,914.51 crore from Rs 1,482.89 crore
Source: Livemint.com
Click here for the full article.20 Jan, 2012
Axis Bank Q3 Preview: PAT seen up 11%, YoY
Axis Bank will declare its third quarter results today. According to a Bloomberg UTV poll, the bank's net interest income (NII) is seen at Rs 2,130 cr vs Rs 1, 732 cr, up 23%, year-on-year. Profit after tax (PAT) is expected at Rs 990 cr vs Rs 891 cr, up 11%, YoY.
Source: BloombergUTV.com
Click here for the full article.15 Dec, 2011
Shikha Sharma: Axis Bank's credit growth may be around 20% in FY12
Shikha Sharma, MD and CEO Shikha Sharma said margins will have to be protected, as there are some pockets of stress in terms of asset quality due to slowdown
Source: BloombergUTV.com
Click here for the full article.06 Dec, 2011
Axis Bank to focus on retail, pare corporate loans
Bank sets target of increasing its retail loan portfolio to 30% of total loans, up from 21% at the end of September
Source: Livemint.com
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Axis Bank eyes retail loans in smaller cities
The bank has set a target of increasing its retail loan portfolio to 30% of total loans
Source: Livemint.com
Click here for the full article.28 Nov, 2011
Axis Bank latest to do a rethink on infra exposure
Axis Bank is closely monitoring its exposure to infrastructure projects, a senior official said, joining other banks who have turned cautious amid a slowdown in the sector.
Source: The Financial Express
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