18-Oct-2026 16:35:08
AXIS BANK Q2 CONCALL : NIM RECOVERY EXPECTED, STRONG LOAN GROWTH & IMPROVING ASSET QUALITY
• NIM EXPECTED TO IMPROVE SEQUENTIALLY IN Q3–Q4 FY27; LONG-TERM ASPIRATION AT 3.8% • LOAN GROWTH TARGETED AT 300 BPS ABOVE INDUSTRY GROWTH OVER MEDIUM TERM • FCNR-B DEPOSIT OPTIMIZATION EXPECTED TO SUPPORT MARGIN RECOVERY OVER NEXT TWO QUARTERS • RETAIL LOAN SHARE TARGETED TO INCREASE ABOVE 55% OVER TIME • STRONG CORPORATE LENDING OPPORTUNITIES ACROSS CAPEX, PROJECT FINANCE & WORKING CAPITAL • CREDIT COST EXPECTED TO IMPROVE FURTHER FROM CURRENT 0.45% • COST-TO-ASSETS EXPECTED TO DECLINE FURTHER THROUGH AI & PRODUCTIVITY GAINS • ECL TRANSITION NOT EXPECTED TO HAVE MATERIAL IMPACT; ₹8,000 CR EXISTING PROVISIONS PROVIDE CUSHION • BANK DOES NOT EXPECT TO REQUIRE FRESH EQUITY CAPITAL FOR PLANNED GROWTH • WEAK CREDIT CARD FEE GROWTH & PROPOSED INSURANCE COMMISSION CUTS REMAIN KEY RISKS
AXIS BANK LIMITED