Axis Bank · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
12
Answered directly
63%
Numeric claims
0
Consistency
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Question ledger
Chintan Joshi · Autonomous Research
partialI think he spoke about LCR at 118, where we are on an average for the quarter. Typically, if you see over the last 18 quarters, we've bobbed between 115 and 120. That is, that is where, you know, we are, we're quite comfortable...
Mahrukh Adajania · Nomura
directSo, Mahrukh, this is Neeraj here. On your question around the bulk deposit pricing, I think, bulk deposit pricing continues to be inching up steadily through the quarter. It's not just a quarter-end phenomena.
Mahrukh Adajania · Nomura
declinedMahrukh, thank you for the question. We don't offer a range on LDR. We think there are multiple variables through which we manage our balance sheet. LDR is one of the variables. We do not have a targeted LDR that, that we discuss publicly.
Suresh Ganapathy · Macquarie Capital
partialSuresh, thank you for the question. Couple of things. I think while we look at slide eight, I will also request you to look at slide nine and slide eight collectively. On slide nine, you will see that our retail term deposits have grown by 17% on a year-on-year basis...
Suresh Ganapathy · Macquarie Capital
directSuresh, thank you for the question. I think the framework that we've consistently adopted with respect to capital is we think about capital on two pillars, capital for protection and capital for growth. Under the protection pillar, we look at regulatory capital as well as capital to protect domestic triple-A. Even at 13.71, we carry sufficient cushion over both those areas.
Pranav Gundlapalle · Bernstein
partialSo, the consumer business, especially the personal loan business, has been growing. But if you see slide 22, in terms of retail disbursement trend, quarter-on-quarter, that number in terms of composition is down to 22% from 25% in the previous quarter, which really means that the other assets also are growing.
Jai Mundhra · ICICI Securities
directI mean, if you look at all the commentary coming from RBI and the governor and the commentary around inflation, I think it is quite obvious that this is not just next three months event, this will continue into financial year 25, and I think stay during financial 25 for you know, almost the entire year, unless something dramatic happens.
Rikin Shah · IIFL Securities
directFirstly, we are not in the impending rate cut camp, so let me get that out of the way first. I think, you know, as you know, that all of retail or much of retail and almost all of SME is repo linked, and therefore, as that book grows, it continues to be repo linked.
Kunal Shah · Citigroup
directBoss, you're, you're trying to hold us quarter-on-quarter. I think we continue to maintain our guidance, that in the medium term we'll continue to be able to maintain that 400-600 basis point differential. We're not changing that.
Saurabh Kumar · JPMorgan
partialSaurabh, thank you for your question. I think if you look at slide 62 of our investor presentation, you will see a table that gives you the cumulative value of credit write-offs to date. The number as Q3 of FY 2024 is INR 40,211 crore.
Param Subramanian · Nomura
partialSo you're right. You know, historically, we've had a strong relationship with the government at the central state government, district panchayats, right down to the beneficiaries. And we continue to leverage on those relationships.
Sameer Desai · JM Financial
evasiveWell, it's difficult to predict at this stage. I think it's given where the Indian banking system is, where the consumer sentiment is, yes, and the way regulator is watching the metrics so closely and so actively, I do not see the second order impact coming through, you know, in any big or significant way.
