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Axis Bank Q3 Results Review — Soft Quarter, Attractive Risk-Reward; Anand Rathi Maintains 'Buy' On The Stock
The steep fall in the stock price present an attractive risk-reward equation in a quality franchisee, says Anand Rathi.
17 Jan 2025, 04:17 PM IST 
Despite consolidation in its balance sheet, Axis Bank’s core pre-provision operating profit grew 14% YoY, 5.5% QoQ.
(Photographer: Vijay Sartape/ Source: NDTV Profit)
Axis Bank's gross slippages increased 36 bps QoQ to 2.17%, leading to a small deterioration in asset quality.
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