The Economic Times

Axis Bank Q3 Preview: PAT may fall 8% YoY with margins under pressure; loan growth to recover

Axis Bank is expected to post a mixed Q3 performance, with healthy loan and deposit growth supporting balance sheet expansion, but pressure on margins weighing on profitability. Brokerages see NII rising about 4% year-on-year, while PAT is likely to decline around 8%. Loan growth is seen rebounding to about 14% YoY, with deposits growing faster than the industry.