Q&A Insights: Mahrukh Adajania from @EdelweissFin asked about transfer of standard assets to ARC. Puneet Sharma CEO said AXISBANK has not transferred standard assets to ARC. There was only one transfer, which was an NPA of INR 215.78 crores, that was sold to an ARC in 4Q.
Q&A Insights: Rohan Mandora from @EquirusGroup enquired about the segments where the bank will look to grow faster. Puneet Sharma CEO replied that the focus segments would be the mid-corporate segment and commercial banking segment.
Q&A Insights: Rohan Mandora from @EquirusGroup asked how the bank is pacing the PSL. Amitabh Chaudhry MD replied that AXISBANK has met the PSL requirements for the second year in a row across all the categories.
Q&A Insights: Kunal Shah from @ICICI_Direct enquired about the standard and the non-NPA provisioning declining. Puneet Sharma CEO said the bank has netted provisions off against the investments and this caused the reduction in both SR figures and standard asset provision number.
Q&A Insights: Jai Mundhra from B&K Securities asked about the economics of Airtel co-branded credit card tie up. Sanjeev Moghe EVP replied that AXISBANK is seeing a healthy traction, and it will continue to see gains going along.
To read further on the detailed analysis of #AXISBANK concall Q&A …

alphastreet.com/india/axis-ban…

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