Key
issues to be careful for could be asset quality movement. on the end of March
2017, total quantity of loans below watchlist was Rs 11,232 crore (which money
owed for 3 percent of whole mortgage book).
Private sector
lender Axis Bank is
anticipated to record a 19.9 % degrowth in first quarter profit at Rs 1,245.3
crore 12 months-on-yr, in keeping with average of estimates of analysts polled
by means of CNBC-TV18. outcomes shall be announced on July 25.Axis Bank
Net interest income during the quarter is viewed rising 6.1
percent to Rs 4,791.8 crore when compared with Rs 4,516.9 crore in related
quarter last fiscal, in line with average of estimates of analysts polled via
CNBC-TV18.
Key things to be careful for can be asset high quality motion.
at the end of March 2017, total quantity of loans below watchlist was once Rs
11,232 crore (which bills for 3 percent of whole mortgage e-book).
hence, slippages from watchlist shall be seen closely. Slippages
from watchlist in this autumn have been at Rs 3,566 crore.
Analysts say if gross non-performing belongings come under 5.1
percent then in an effort to be sure.
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