Axis Bank to watch out for third wave, says MD even as Q1 net almost doubles

Asset quality improved on a year-on-year basis but worsened sequentially. The gross non-performing loan ratio for the June quarter came at 3.85% against 4.72% a year ago. This ratio was at 3.70% in the March quarter. The net NPA ratio was at 1.20% for the quarter under review against 1.23% a year ago.

via Economictimes