Axis Bank reports sharp jump in quarterly profit. #Q2WithBQ

For the latest business and finance news updates visit: bloombergquint.com ImageImage
Axis Bank's quarterly profit rose in the second quarter as provisions fell. #Q2WithBQ

@Vishwanath4389 reports.

bit.ly/3Bdoc7D
@Vishwanath4389 Axis Bank has seen an improvement across asset quality indicators, says CEO Amitabh Chaudhry. #Q2WithBQ

Read: bit.ly/3Bdoc7D Image
@Vishwanath4389 Corporate lending picking up from mid-corporate side, says Axis Bank. #Q2WithBQ

Read: bit.ly/3Bdoc7D Image
@Vishwanath4389 At 0.64% of gross customer assets, Axis Bank has the lowest restructuring among big banks. #Q2WithBQ

Read: bit.ly/3Bdoc7D Image
@Vishwanath4389 Axis Bank sees net interest margins improve as growth in lending picks up. #Q2WithBQ

Read: bit.ly/3Bdoc7D Image

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More from @BloombergQuint

29 Oct
Shares of #IRCTC shed 15% after the company is asked to share 50% convenience fee with Ministry of Railways. #BQMarkets

Market blog: bit.ly/2XSS8s2 Image
Shares of IRCTC shed 25% after the company is asked to share 50% convenience fee with Ministry of Railways. #BQStocks #BQMarkets

Market blog: bit.ly/2XSS8s2 Image
Shares of #IRCTC recover after report suggests that railways likely the withdraw decision on convenience fee. #BQStocks #BQMarkets

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29 Oct
Here's how Indian ADRs fared overnight.
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Here's a quick look at all the bulk deals.

Read more: bit.ly/3nD0f54 Image
Here's a lineup of all the major corporate meetings.

Read more: bit.ly/3nD0f54 Image
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28 Oct
RBL Bank's net profit at Rs 30 crore, down 79% year-on-year. #Q2WithBQ

For the latest business and finance news updates visit: bloombergquint.com ImageImage
RBL Bank restructured loans worth Rs 645.5 crore under the RBI's second #Covid19 restructuring scheme.

For the latest business and finance news updates visit: bloombergquint.com Image
RBL Bank's net profit fell 79% year-on-year to Rs 30 crore in the quarter ended September. #Q2WithBQ

@Vishwanath4389 reports.
bit.ly/3108tfI
Read 6 tweets
28 Oct
The post-pandemic economy has been full of paradoxes, writes @jpmorgan chief India economist Sajjid Chinoy.

One such paradox is the surge in equity market while economic activity remains below the pre-pandemic path. What explains this? #BQOpinion

bit.ly/3nAHf7g
@jpmorgan A second paradox has been the strength in foreign direct investment against a backdrop of subdued domestic investment.

@jpmorgan chief India economist Sajjid Chinoy delves deeper. #BQOpinion

bit.ly/2XWtYx0
@jpmorgan - Large surplus liquidity but soft credit growth.
- Wide output gap but high core inflation.

@jpmorgan chief India economist Sajjid Chinoy on what these paradoxes reflect: bit.ly/3nAHf7g ImageImage
Read 5 tweets
28 Oct
Why Adani's stock slumped over 8%. #BQSpotted

bit.ly/3GtSerO
'L&T on re-rating path.' #BQSpotted

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ITC: Targets raised but overhang remains. #BQSpotted

bit.ly/3Cuquks
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28 Oct
#PayTmIPO | As of June 30, serve 337 million customers through the Paytm super app, says Vijay Shekhar Sharma, MD & CEO, One97 Communications. Image
Brand value for Paytm is estimated at Rs 47,250 crore, says Vijay Shekhar Sharma. #PaytmIPO Image
Not seeing anything bright enough for us to buy right now, says Vijay Shekhar Sharma. #PayTmIPO Image
Read 6 tweets

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