Our credit view of Axis Bank reflects its strong franchise and profitability, against brisk loan growth in the past few years and a high interest environment.
Our credit view of this issuer reflects its improving core operating performance, constrained by its profitability to remain weak if credit costs do not decline further.
Results for the quarter ending March 2020 point to early signs of deterioration in asset quality from the coronavirus impact. At the same time, funding and liquidity remained resilient
Our credit view of Axis Bank Ltd, reflecting the bank's stable core profitability and strong loss-absorbing buffers, as well as gradually improving asset quality
Our credit view of Axis Bank Ltd, reflecting the bank's stable core profitability and strong loss-absorbing buffers, as well as gradually improving asset quality
Our credit view of Axis Bank, reflecting the bank's stable core profitability and strong loss-absorbing buffers, which are offset by its weak but stabilizing asset quality.