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
71%
Numeric claims
0
Consistency
—
Question ledger
Chintan Joshi · Autonomous Research
direct3.8%, we remain confident of. It is rate cycle agnostic, which is why we say it's a through cycle NIM guidance. We are not walking away from that even today, despite the 125 basis points rate cut that we've seen.
Chintan Joshi · Autonomous Research
directI'm hoping that in the next 15-18 months, the deposit growth will stabilize at similar levels as credit growth because there is no option. ... given what is happening on a geopolitical basis, it's very difficult to say that things can stabilize that quickly.
Mahrukh Adajania · Nuvama Institutional Equities
directWe have been broadly in 115%-120% range for the last several quarters. ... On deposit, thank you for acknowledging. We've been number one better than the industry. ... we are confident that our retail deposit momentum ... we have a lot of work to do still.
Mahrukh Adajania · Nuvama Institutional Equities
partialThe reduction in staff cost has two variables: an absolute reduction in headcount quarter-on-quarter, which is permanent in nature, and there is a reversal of staff expenses that are no longer required to be paid. ... the staff expenses no longer required to be paid would not have changed the direction of the staff cost improvement.
Rikin Shah · IIFL Capital Services Limited
partialOn your question around current accounts, I think it's a combination of a few things. One, we are continuing to see deepening of our existing customer base relationship driven by the tech stack and the technology investment that we have done on corporate banking side.
Rikin Shah · IIFL Capital Services Limited
partialWe don't give out the proportionality of the book to be repriced, but the shorter-term book has entirely been repriced as we stand. ... non-retail term deposit rates in quarter four have started to inch up, and consequently, the repricing benefit on deposits to the fullest extent of the lag book may not come through.
Rikin Shah · IIFL Capital Services Limited
directOn the standard asset negative is effectively the negative in the standard assets provision for the current quarter is driven by the fact that there were sectors that we had marked as stressed previously where, given the stabilization of the overall loan book, we don't see as stressed. ... It's about INR 128 crore.
Jai Mundhra · ICICI Securities
directOn the PSLC strategy, see, we've not got any RIDF allocation over the last four years or so. ... We feel fairly confident given how we have focused on the Bharat Banking part of the business. ... On LCR ... our current estimate is that ... we are broadly neutral in terms of these pluses and minuses effective 1st of April.
Abhishek Murarka · HSBC Securities & Capital Markets
evasiveOn the inorganic opportunity, I mean, we continue to be looking at what opportunities are available in the market. But given the size of possible opportunities ... I don't think there will be any capital requirement given the set that is available in that kind of an area.
Abhishek Murarka · HSBC Securities & Capital Markets
partialOn your second question on LDR, see, over the last 6 quarters or so, this is seventh, we have been between about 90%-93% LDR ... Our general sense right now is that as a metric, the metric served its purpose. Right now, possibly the focus on the metric is a bit different than what it was a year back.
Piran Engineer · CLSA
directWe are being very selective about the growth. It's being largely powered by the strong client engagement ... In terms of sectors, primarily led by power, corporate real estate, diversified conglomerates. ... On the card side, I think it's a phenomena that we've seen across the sector post the festive demand rundown.
Adarsh Parasrampuria · Enam Holdings
partialI don't know what M&A you're referring to. We don't comment on any M&A. We are not in any position to discuss any M&A at this point in time. ... Retail asset quality stabilization is what we called out Q4 for cards, Q2 for PL. The numbers are visible on slide 44-45 for you to see.
