Provisioning jumps 64% for bad loans , whose level expected to stay elevated
Net interest margin, loan growth positive surprises, but Rs 22,600 crore of loans on watch list is a key worry
It has also reduced base rate by 5 basis points to 9.45% from existing 9.50%
Will look at similar themes in future; Foundation will be implementing them
In a strongly-worded statement, Fadnavis denied any wrongdoing
In 2014-15, the number of employees fell, even as the bank increased the number of branches from 2,402 to 2,589
Axis Bank has acquired 5% stake in Max Life Insurance raising its total stake to 5.99%