Axis Bank Q3 results today: What to expect, 5 things to watch out for

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Key Points

Leading private lender Axis Bank will report its third quarter results today and analysts expect a modest growth in both net interest income and profit..

The year-on-year figures are still not comparable because of Citi's acquisition.. Net interest income (NII) for the October-December period is expected to rise by a marginal 1% quarter-on-quarter, according to an average estimate of four brokerages...

Meanwhile, profit growth is expected to be in the range of 2-5% quarter-on-quarter...

Also on the radar are credit costs, expected to inch up slightly, business growth, loan mix and asset quality...

We expect deposit growth of 5% quarter-on-quarter with higher share of bulk deposits and loan growth of 3.5%..

Full story at Economic Times | 

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