Business News›News›ET TV›Fundamental Radar: Axis Bank RoE set to improve to 15.9% by FY25, Sneha Poddar explains how
Fundamental Radar: Axis Bank RoE set to improve to 15.9% by FY25, Sneha Poddar explains how
Axis Bank has been focusing on strengthening its retail franchise, while consciously pruning bulk deposits and shifting to ‘CASA + retail term deposits’. It also continues to invest in digital initiatives to ensure sustainable long-term growth. The bank’s RoA is estimated to recover further, aided by steady loan growth and moderation in opex ratios, says Sneha Poddar of Motilal Oswal Securities.
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