Epic Research

Wednesday, January 16, 2013

Epic Update : Axis Bank

Trying to actively grow retail deposit book
Provision coverage ratio at 81 percent as on December 31
Expect to grow loan book faster than industry in FY13
Clear focus on increasing retail loan book
Will be able to maintain non-performing asset (NPA) at current levels
Expect to see some loan restructuring in January-March
Aim to maintain net interest margin around 3.50 percent levels.

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