Axis Bank shares rallied to a 52-week high post December quarter results. At 11:25 AM, the stock was trading 5.55 per cent higher at ₹1,330 per share, emerging as the top gainer on the BSE Sensex.
Following several quarters of slower growth, lenders reported double-digit loan growth in the Oct-Dec period, as the local festive season and sweeping consumption tax cuts spurred consumer spending
Axis Bank has paused plans to sell a stake in its consumer lending arm, Axis Finance, after the RBI eased proposed curbs on overlapping bank and subsidiary businesses
Axis Bank Q3FY26 results preview: Analysts expect a YoY decline in net profit amid muted NII growth and elevated provisions. Check Street estimates, NIM outlook, asset quality cues & key monitorables
Stocks to buy, Jan 6: Shrikant Chouhan said that the financial profile of Axis Bank has improved steadily while Oil and Natural Gas Corporation's outlook continues to improve
The brokerage has reiterated its 'Neutral' rating on the stock with a target price of ₹1,300 after its interaction with the top management team of Axis Bank
Amitabh Chaudhry discusses RBI's new norms, potential capital infusion into Axis Finance, margin pressures, deposit trends, credit growth and regulatory changes shaping Indian banking
Google Pay has launched its co-branded credit card with Axis Bank on RuPay, enabling UPI linkage, and said it will add more issuers to widen reach across user segments
Axis Bank plans to add 50 private bankers and launch multiple funds from GIFT City as it expands Burgundy Private to tap India's rapidly growing wealthy client base
The brokerage argued that the profitability downcycle, marked by several quarters of net interest margin (NIM) compression and elevated credit costs, is now behind the sector.
IIFL Capital forecasts flattish earnings for banks in FY26, but expects a strong rebound in FY27-28, with earnings CAGR of 21 per cent for private banks and 14 per cent for PSUs
