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
58%
Numeric claims
0
Consistency
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Question ledger
Chintan Joshi · Autonomous
partialOn net interest margins, I can simply answer the question by saying there are no one-offs in our net interest margin or net interest income for the current quarter. The improvement is on account of disciplined execution. We've had a book mix shift, and we've had pricing improvements across the portfolio.
Chintan Joshi · Autonomous
declinedWe do not offer guidance or outlook on the cost-to-assets metric. We have consistently maintained that as long as we can deliver the 18% return on equity on a consolidated basis, we'd like to continue to invest in the franchise.
Mahrukh Adajania · Nuvama Wealth
evasiveWe have a clear strategy in mind on the LDR side. No, that's something which we're guiding towards or talking to the market about, but there's a clear strategy. Our hope is that we would like to maintain it within a zone.
Mahrukh Adajania · Nuvama Wealth
partialWe've previously stated that if the marginal cost of funds remains where it is today, given the current status of our book, we should finish backbook repricing in quarter two of the current financial year.
Pranav Dheeraj Gundlapalle · Bernstein
directThe journey to continue to improve the quality of the deposit franchise is ongoing. We still don't think we have reached anywhere near a plateau in terms of improving these metrics.
Pranav Dheeraj Gundlapalle · Bernstein
evasiveWe operate at fee-to-assets higher than equivalent private sector peer banks. Please do not estimate or expect further optimization on the fee-to-assets ratio on a go-forward basis.
Kunal Shah · Citi
directWe had an 8 basis points increase in cost of funds on a sequential quarter basis. Our yields on interest-earning assets moved up by 11 basis points. So that should address your question on incremental spreads.
Kunal Shah · Citi
directWe use RAROC as a measure to drive that decision. If mortgage is the only thing I do with a customer, it tends to be much lower than a lot of other asset classes. So what you see in our numbers is a reflection of that strategy.
Piran Engineer · CLSA
directWhat we are saying is in two parts. In the short term, deposits' growth will drive advances' growth. ... The specific bank-level comment we've made on this call is to say we have the confidence in the franchise to grow 300-400 basis points faster than industry in the medium to long term.
Piran Engineer · CLSA
evasiveWe can't disclose what communication goes on between us and the regulator. However, ... we continue to build fairly industrial strength, backend infrastructure, update the end-of-life, end-of-support applications and operating systems.
M B Mahesh · Kotak Securities
directWhat we simply said is we assess our capital position on two pillars, growth and protection. We reiterate that we do not need capital for either pillar. These are purely enabling resolutions for the financial year.
Sameer Bhise · JM Financial
directOur gross slippage number for the quarter is INR 3,471 crore. It declines 7% on a quarter-on-quarter basis. INR 3,110 crore is retail, INR 163 crore is our CBG business, and INR 198 crore is our WBCG business, which is wholesale.
