The private sector Major Axis Bank reported on Thursday its net gain Q4Fy25 in ₹ 7,117 million rupees, a year plan, mainly due to mute profits in the growth of the nucleus and other income. The net progress of the lender increased 8 percent year -on -year (interannual) to ₹ 10.40 Lakh Crore. Retail loans, which represent 60 percent of the advances, grew 7 percent in the year. Corporate loans, with a 29 percent participation in the loan book, grew 8 percent in the year.
“We have been calibrating our growth in different segments of retail asset
General deposits in the bank increased 10 percent to year to ₹ 11.72 Lakh Crore. Under cost current accounts and savings accounts, formed 41 percent or general deposits, below 43 percent a year ago.
Interest income (NII) of the lender increased 6 percent with one year to ₹ 13,811 million rupees, while other revenues were stable in the year in ₹ 6,780 million rupees. The commercial income of the lender, which is a subsegment of other income, fell sharply to ₹ 173 million rupees of ₹ 1,021 million rupees last year.Meanwhile, the net margin (NIM) improved drying in 4 basic points to 3.97 percent in the fourth quarter.The lender did not provide a guide on NIM, but said that in the interest rate of the interest rate, the margin of the lenders faces the pressure.
Active quality
Axis Bank’s new landslides were ₹ 4,805 million rupees in the fourth quarter, less than ₹ 5,432 million rupees in Q3 but greater than ₹ 3,471 million rupees in Q4Fy24. Updates and recoveries were ₹ 2,790 million rupees,While the cancellations increased to ₹ 3,375 million rupees in the fourth quarter, the highest in the last period of one year.Bank’s management said the cancellations are made on a rules based approach where the lender writes bad loans after providing it completely.
Consequently, the ratio of gross and net non -yield assets stood at 1.28 percent and 0.33 percent in Q4 compared to 1.46 percent and 0.35 percent in the last quarter, respectively.The annualized credit cost, or the capital reserved for possible uncollectible loans, stood at 0.84 percent in the fourth quarter, compared to 1.28 percent of the last quarter and 0.68 percent last year.
The Bank Board exceeded a final dividend of ₹ 1 per capital action for fiscal year 2015, subject to the approval of the shareholders. He also approved to raise ₹ 35,000 million rupees through debt instruments and 20,000 million rupees per capital. The lender also increased his general loan limit to ₹ 3 Lakh Crore. Its capital adaptation ratio was 17.07 percent at the end of March.
Posted on April 24, 2025