Over the last six quarters, not much improvement was seen on the operating side, said Jairam Sridharan, CFO of Axis adding that there now is more uncertainty over eventual numbers of slippages. Money Control, 1 month ago
Axis Bank CFO Jairam Sridhar: No particular strong accounts on watch list - Financial Express, 1 month ago
ICICI Bank reports Rs 8k cr fresh addition in bad loans - The Financial Chronicle, 4 weeks ago
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Aggregate gross non-performing assets (NPAs) in the Indian banking system jumped more than 98% year-on-year to Rs 6,68,824.72 crore during the quarter ended September, as the asset quality at private-sector banks underwent severe deterioration, even ...Financial Express, 3 weeks ago
The banking sector remained under pressure due to a variety of reasons like high amount of bad loans, higher provisioning for future defaults and tepid loan growth, showed the financial results declared by lenders for quarter ended September 30. But ...The Financial Chronicle, 3 weeks ago
MUMBAI: Having burnt their fingers going overboard with corporate lending, banks are slowing their exposure to their credit cards business amid fears that they may be fuelling growth in a segment that may come under pressure due to slowing pay rises ...Economic Times, 1 month ago
New Delhi: Axis Bank shares slumped 8 percent today, eroding Rs 10,133 crore from its market valuation, after the company reported an 83 percent plunge in its September quarter net profit. The stock tanked 8.04 percent to close at Rs 486.50 on ...Firstpost.com, 1 month ago Axis Bank stocks plunge over 8% on weak Q2 results ZeeNews.com, 1 month ago Axis Bank stocks plunge over 8%; m-cap erodes by Rs 10,133 cr post Q2 numbers ZeeNews.com, 1 month ago
Airtel profit drops 5% New Delhi, Oct. 25 (PTI): Telecom major Bharti Airtel today reported a 4.9 per cent drop in its September-quarter consolidated net profit at Rs 1,461 crore against Rs 1,536 crore a year ago, mainly on an increased interest ...Calcutta Telegraph, 1 month ago
Axis Bank's net profit fell 83 per cent to Rs.319 crore for the quarter ended September 30, as compared with Rs.1,916 crore reported during the same period a year ago on the back of a five-fold increase in provisioning to Rs.3,623 crore from Rs.707 ...The Hindu, 1 month ago
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