'Axis Bank conducted a conference call on 16 January 2025 to
discuss the financial results for the quarter ended December 2024. Amitabh
Chaudhry, MD & CEO, Rajiv Anand - Deputy MD, Subrat Mohanty - ED, Munish
Sharda - ED of the bank addressed the call:
Highlights:
The bank has delivered healthy core-operating performance
with focus on profitable and sustainable growth.
The bank has continued to calibrate risk internally across
portfolios and monitor the changing credit environment.
Balance sheet and capital levels continue to remain strong.
Business growth is slower, but the bank continued to grow
deposits at a healthy pace of 13% yoy and 3% qoq on a quarterly average basis.
Focus loan segments have also grown at a faster pace like
Small business, SME and mid-corporate together grew at 16% yoy and 4% qoq.
The bank stay focussed on three core areas of execution of
GPS strategy namely- becoming a...
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