'Axis Bank has reported flat net profit at Rs 7117.50 crore for the quarter ended March 2025
(Q4FY2025). The bank has posted healthy 6% growth in net interest income (NII),
while the core fee income of the bank also improved 13% in Q4FY2025. The Net
Interest Margin (NIM) of the bank improved on sequential basis to 3.97% in
Q4FY2025 from 3.93% in the previous quarter, while eased from 4.06% in the
corresponding quarter of previous year.
On business front, the bank as has
posted 9% growth in business with 8% increase in loan book. The asset quality
of the bank has improved in Q4FY2025. Bank has reduced the credit to deposit
ratio to 88.7% at end March 2025 from 90.3% at end March 2024. The CASA ratio
of the bank has declined to 40.8% at end March 2025 from 43.0% at end March
2024.
Asset quality improves: The bank has improved asset quality in
Q4FY2025.
The fresh slippages of loans stood at
R...
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