However, its exposure to catastrophe losses and the low interest rate environment keeps us on the sidelines. Thus, we retain our Neutral recommendation on the company. New business opportunities ...

Axis Bank (AXSB) reported 2QFY26 net profit of INR50.9b (26% YoY decline, 8% miss) amid higher provisions. NII grew 1.4% QoQ (up 2% YoY) to INR137.4b (4% beat). NIMs contracted 7bp QoQ to 3.73%, aided ...

We retain our Neutral recommendation on AXIS Capital Holdings Ltd. (AXS) as the positives are dwarfed by the company’s exposure to catastrophe losses, a competitive market and foreign currency ...

AXSB reported in-line PAT at INR60.7b (up 4% YoY/3.5% QoQ) in 3QFY24, driven by healthy other income, which was partly offset by an increase in provisions due to AIF-related provisioning. NIMs ...