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ARTICLE AD BOX
HDFC Securities maintains Add on Axis Bank with a revised target price of Rs 1,265.
16 Oct 2025, 11:00 AM IST i 16 Oct 2025, 11:00 AM IST 16 Oct 2025, 11:00 AM IST
Basis regulatory advice, Axis Bank absorbed a onetime additional standard provision to the tune of Rs 12 billion, on account of PSL declassification. (Photo: Company)
Despite its claims of conservatism, Axis Bank has consistently been inferior to its peers on underwriting and impairment recognition policies, impacting sustainability of its earnings and repeatedly testing stakeholder confidence.
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