Axis Bank vs HDFC Bank: 18.6% loan growth vs 12.1%—The Q4 data behind the valuation shifts
Axis Bank grew its loans book aggressively by 18.6% y-o-y in the March 2026 quarter, however, like its peers, its net interest margin (NIM) was under pressure. Axis Bank’s return on assets (RoA) is lower than larger rival, HDFC Bank. Is it still worth adding Axis Bank to your watchlist?
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