Axis Bank will release its earnings report, and this time around, there may be several one-offs to consider, given the acquisition of Citi, and they will report numbers along with Citi’s retail business of India. the net interest income (NII) growth is projected to be over 35 percent year-on-year and 4 percent sequentially. However, the […]
Banks to see pick up in credit growth, lower stress in June-quarter but treasury losses may continue, say experts
Indian banks tend to report better credit growth rates and improve poor loan situations in the April-June quarter (Q1fy23) behind a wider pickup in macroeconomic activities and due to a relatively disrupted quarter, said the words. The bank is estimated to record more than 12 percent of credit growth in the year-to-year (Y-O-Y) base during […]