Axis Bank – Sustainability Of RoA At 1.87%, Key To Watch: IDBI Capital


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We attended Analyst Day hosted by Axis Bank Ltd. which showcased the digital strategy and impact of each business vertical. Bank’s focus on ‘One Axis’ strategy and sustain leadership in digital, technology and data analytics with best-in-class capabilities.

Axis Bank has built India’s most profitable Bharat banking franchise and guided Citi acquisition on track.

Management highlighted improvement in three vectors such as net interest margins, cost to income ratio and credit cost resulted in higher consolidated return on asset at 1.87% (return on equity at 18.9%).

However, sustainability of return ratios is the key thing to watch going forward. Further liability side franchise to be fixed for strong credit growth.

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