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Axis Bank Q3 Results Review — Yes Securities Retains 'Buy' On The Stock, Revises Target Price; Sees 35% Upside

Axis Bank's provisioning policy and focus on liability granularity and RaROC demonstrate conservativeness, adds the brokerage.

<div class="paragraphs"><p>Axis Bank's gross NPA additions amounted to Rs 54.32 billion for Q3 FY25, translating to an annualized slippage ratio of 2.1% for the quarter.&nbsp;</p><p>(photo source: Company)</p></div>
Axis Bank's gross NPA additions amounted to Rs 54.32 billion for Q3 FY25, translating to an annualized slippage ratio of 2.1% for the quarter. 

(photo source: Company)

The advances for Axis Bank stood at Rs 10,146 billion, up by 1.5% QoQ and 8.8% YoY.
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