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Axis Bank net slumps 73% on provisioning

Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances. A sharp drop in Axis Bank’s net profit for the December quarter due to higher provisions......

Axis Bank Q3 net dips 73% to Rs 580 cr on bad loan woes

The non-watchlist stress emanated from over five year-old loans in the iron and steel, infrastructure and construction sectors. Heavy loan losses continued to impact Axis Bank's profitability, with......

Want to play safe in 2017? Bet on banks

Stocks of ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected......

2016's top 5 stock picks

At the start of 2016, HDFC Bank, Infosys, ICICI Bank, L&T and Axis Bank were the top five picks of fund managers, reports Chandan Krishna Kant. The top 10 stock preferences of India's equity fund......

Demonetisation blues: Axis Bank suspends some suspicious accounts

The agency's probe till now found that huge monies were transferred through RTGS transfers to some shell companies including a case where the director of such a firm was a petty labourer Hit by......
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A tough operating field for banks

The operating environment for banks continues to remain challenging given the large pile of bad loans, slow economic recovery, and credit demand... ...

http://www.mydigitalfc.com/news/tough-operating-field-banks-452
Concern over banks’ focus on retail and SME for loan growth

Growth was similar to industry average for the banks under coverage at 4 per cent YoY. Public banks continued to report noticeable slowdown with... ...

http://www.mydigitalfc.com/views/concern-over-banks%E2%80%99-focus-retail-and-sme-loan-growth-453
Moody's

Chennai - Global credit rating agency Moody's Investors Service on Thursday said continuing to increase non-watch list Non-Performing Loans (NPLs)... ...

http://www.sify.com/finance/npls-to-affect-axis-icici-banks-credit-profiles-moodys-news-finance-rcxouhjjaccjc.html
Axis Bank suitor list grows, but Kotak unlikely to overpay

From the only eligible reported proposal of a Kotak Bank, the list has now widened to include other big names like ICICI Bank, HDFC Bank and HDFC.... ...

http://www.moneycontrol.com/news/business/comment-axis-bank-suitor-list-growskotak-unlikely-to-overpay_8540581.html
Analyst

Consolidation is the trend for businesses with mergers taking place in the telecom industry and now in the banking space too. Speaking to... ...

http://www.moneycontrol.com/news/business/axis-banks-npa-woes-may-stall-merger-planskotak-analyst_8539001.html

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