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![Adi_183 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::569422768.png) PowerPoint Guy [@Adi_183](/creator/twitter/Adi_183) on x XXX followers
Created: 2025-07-20 19:23:03 UTC

(1) Axis Bank:

Both advances and deposits grew at a slower pace vs. the overall banking system:
- Overall Advances: INR XXXX lakh crore (+8% YoY)
- Retail Loans: INR XXX lakh crore (+6% YoY)
- Deposits: ~INR XX lakh crore (+9% YoY)

The bank made changes to its technical recognition criteria for NPAs (a qualitative assessment of NPAs, rather than just dpd), which adversely impacted Q1 results:
- Provisions: INR XXXXX Cr. (+93% YoY)
- Gross Slippages: INR XXXXX Cr. (+70% YoY)
- Adjusted for technical impact, gross slippages were ~INR XXXXX Cr (of which XX% came from unsecured loans and XX% came from agri loans)
- GNPA Ratio: XXXX% (+3bps YoY)

NIM and PAT too were impacted by interest reversals due to this technical impact: 
-  NIM: XXX% (-25bps YoY / -17bps QoQ)
- PAT: INR XXXXX Cr. (-4% YoY)
- Change in technical recognition criteria had a INR XXX Cr. impact on PAT

The stock fell over X% on Friday; btw it has a ~3% weight on the NIFTY:
- Stock closed at ~INR XXXXX levels, with most brokerages lowering the TP in the range of INR 1,200-INR 1,450/share


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947014410452763064/c:line.svg)

**Related Topics**
[indian rupee](/topic/indian-rupee)
[banking](/topic/banking)
[$axisbankns](/topic/$axisbankns)

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