Axis Bank is predicted to report robust Q4FY21 earnings tomorrow. NII development could be the weakest within the final 11 quarters, however as per the CNBC-TV18 ballot, it might report the very best revenue within the final 21 quarters.
Loan development is predicted to choose up sequentially largely pushed by the retail phase. Net curiosity margin is predicted to say no quarter-on-quarter (QoQ) on account of reversal of curiosity on curiosity.
The complete watchlist for the financial institution stands at round Rs 14,140 crore and the way it strikes must be checked out intently together with the restructuring particulars. Asset high quality might stay steady as analysts count on slippages to say no (QoQ). Management commentary on development outlook and credit score price will likely be watched intently.
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