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Asset quality, provisions key monitorables in Axis Bank's Q1 nos: Analysts

Owing to the Rs 7,730.02 crore provisions set aside in the March quarter of FY20, analysts expect lower sequential provisioning in the quarter under review

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Axis Bank

Nikita Vashisht  |  New Delhi 

Axis Bank
Axis Bank

is scheduled to report its June quarter earnings for financial year 2020-21 (Q1FY21) on Tuesday, July 21. Owing to the Rs 7,730.02 crore provisions set aside in the March quarter of FY20, analysts expect lower sequential provisioning in the quarter under review. Besides, loan growth may be tepid due to loss of business amid Covid-19 induced nationwide lockdown.

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First Published: Mon, July 20 2020. 09:15 IST
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