Analysts raise Axis Bank's earnings forecast; to track deposit growth ahead

Axis Bank Q3 result review: Axis Bank's is moving in the right direction with improvement in net interest margins, sustaining loan growth momentum, and expansion in return profile, analysts said

Nikita Vashisht | New Delhi
Last Updated at January 24, 2023 22:05 IST

Analysts raise Axis Bank's earnings forecast; to track deposit growth ahead

Axis Bank Q3 review: With Axis Bank holding its earnings' growth momentum in the December quarter (Q3) of financial year 2022-23 (FY23), analysts have raised their net profit forecasts for upcoming financial years by as much as 15 per cent, and net interest income (NII) forecasts by 11.5 per cent.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.