Major Axis Bank The private sector reported its net win on Thursday in the fourth quarter of 25 at 7,117 billion GBP a year, mainly on subdued profits of core and other income growth. The lender’s net advances increased by 8 percent (YOY) to £ 10.40 compared to the previous year. Retail loans that make up 60 percent of progress rose by 7 percent a year. Corporate loans with 29 percent of the credit book grew by 8 percent a year.
“We have calibrated our growth in various segments in retail. As we see in this case at an early stage, we will open the acquisitions for retail goods. In particular, we took some measures to tighten/calibrate the judgments in an unsecured book.
The bank’s total deposits rose by 10 percent to 11.72 Lakh Crore a year. Low -price benefits and savings accounts formed 41 percent of the total deposits that were lower than 43 percent one year ago.
Net interest income (NII) of the lender rose 6 percent in the previous year to 13,811 billion GBP, while the other income was flat a year with GBP 6,780 billion. The trading income of the lender, which represents a subsequent segment of other income, fell heavily to 173 billion GBP last year.The net interest rate range (NIM) improved by 4 basis points to 3.97 percent in the fourth quarter.The lender did not give guidelines for NIM, but said in the interest -loving cycle, the facial pressure of the lenders.
Quality quality
The fresh slips of the Axis Bank were 4,805 billion GBP in the fourth quarter, under 5,432 billion GBP in the third quarter, but in the fourth quarter 24.While the depreciation rose to 3,375 billion GBP in the fourth quarter, the highest is last year.The bank’s management stated that spellings against a regular -based approach are complete in which the lender wrote off bad loans after they have fully presented this.
Accordingly, the gross and net night performance in the fourth quarter was 1.28 percent and 0.33 percent compared to 1.46 percent and 0.35 percent in the last quarter.The annualized credit costs or capital for potential poor loans in the fourth quarter were 0.84 percent compared to 1.28 percent in the last quarter and last year.
The board of directors of the bank recommended a final dividend of 1 GBP per equity for the financial year 25, subject to the appropriation approval. It also approved the admission of 35,000 billion GBP via debt instruments and 20,000 rupees via equity. The lender also increased his general loan limit to 3 Lakh Crore. The ratio of capital adequacy was 17.07 percent at the end of March.
Published on April 24, 2025