Axis Bank touts quality push, but market flags a host of concerns
Axis Bank's stricter lending norms impacted its June-quarter profits, causing a stock slump and a Nifty dip. The new rules, affecting loan upgrades and settlements, led to increased slippages, particularly in unsecured and agricultural sectors. This resulted in a profit decrease of ₹614 crore, (...)
Site référencé: The Economic Times
The Economic Times
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