Comments
Axis Bank shares gained on better January-March earnings.
At 11.20 am, the shares were quoting at Rs 576.50, up Rs 23.60 or 4.27 per cent.
The bank has reported an 18 per cent rise in January-March earnings and said expects growth in bad loans to slow this financial year.
Axis Bank remains well positioned with a strong retail franchise that should drive growth, said BNP Paribas
Incremental stressed asset creation was Rs 2,150 crore, implying full-year figure was Rs 5,600 crore, well within management guidance, BNP said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.