INSUBCONTINENT EXCLUSIVE:
Axis Bank on Thursday reported a 70 per cent year-on-year rise in standalone net profit for the July-September quarter at Rs 5,329.77 crore
per cent quarter-on-quarter
Net interest income refers to the difference between interest earned and interest expended
concerned, most of the transmission, which could be done as per our policies, has been passed on
We will obviously see re-pricing of deposits in the next couple of quarters
last quarter of the current fiscal year, but there was a chance of the process spilling over into the April-June quarter, FY24.
In March,
under no pressure to go to the market immediately
We will bide our time and do it at the right time, the right price so that our existing shareholders do not get diluted unnecessarily
and 2.76 per cent a quarter ago
The net NPA ratio was at 0.51 per cent versus 1.08 per cent a year ago and 0.64 per cent on June 30.
