Axis Bank · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Questions audited
12
Answered directly
67%
Numeric claims
0
Consistency
—
Question ledger
Chintan Joshi · Autonomous Research
partialRoughly 55% of the increase in net credit cost has happened because of lower recoveries and upgrades in the corporate loan portfolio. ... We are seeing increase in credit costs across the retail unsecured portfolios...
Chintan Joshi · Autonomous Research
partialOn a core business basis, we've seen a 1 basis point compression in margins... The outlook that I consistently provide is we do not have guidance on margins on an annual basis or the short term. Our structural guidance is 3.80% on a through cycle basis.
Mahrukh Adajania · Nuvama
directOn the loans, there is effectively very, very small effect. ... the investment circular forced us to mark to market the investments. ... the BB and below book has moved up. There is nothing that is to be read into those numbers.
Mahrukh Adajania · Nuvama
directThe 10 basis points is not true for us. ... the accretion and amortization component ... is amounting to roughly INR 78 crore for us on a first quarter basis. So by no stretch of imagination, does that translate to 10 basis points?
Rikin Shah · IIFL Capital
partialWe are seeing a reasonable amount of opportunity on the corporate side. ... we will continue to see strong growth there, which is meeting our underwriting standards, it's meeting our pricing standards.
Rikin Shah · IIFL Capital
partialYou have seen some of that happening in the current quarter. Directionally, what I can indicate on expenses is expenses for last year were growing at the 27%-29% year-on-year growth range. You will see moderation in growth of costs through fiscal 2025.
Abhishek Murarka · HSBC
partialWe are very clearly stating that Q1 FY25 annualized number is not indicative of earlier credit costs for us as a franchise. ... we have consistently been saying that credit costs for the system and for us cannot stay at the levels they have in fiscal 2024.
Kunal Shah · Citigroup
directWe have gone and submitted our strategy to RBI, which they've accepted, and we are operating within the parameters of the strategy which we have outlined to the regulator. ... It's well within the norms and the parameters.
Rahul Jain · Goldman Sachs
partialWe keep calibrating our book based on the RAROC that we see on each of the portfolios, and we take action based on what we see in the mix of that book. ... we will continue to change that mix strategically from time to time.
Rahul Jain · Goldman Sachs
directThe 300 basis points increase in RWA intensity is, as per the capital adequacy circular, operational risk true-up happens in the first quarter of the year. ... nearly 50% of the increase in risk-weighted assets is ops risk.
Anand Dama · Emkay Global
evasiveConsistent with the earlier quarters too, we don't share specific numbers, but I can tell you now with the integration successfully behind us that on every metric ... we have met or exceeded that metric. ... We do not offer a cost-to-asset guide.
Jai Mundhra · ICICI Securities
directI don't think that's an equation we are agreeable to or we are working towards. ... picking up incremental deposits just to report higher growth is not what we are philosophically aligned to.
