 "Axis Bank")
Axis Bank on Tuesday reported a net loss of Rs 1,387.78 crore for the quarter ended March 31, 2020 (Q4FY20).
The private lender's net interest income (NII) came in at Rs 6,808 crore for the period under review.
Analysts at at Edelweiss Securities were expecting some impact on earnings as Q4FY20 is the strongest quarter. They were also expecting a steady growth in retail deposits and had said that traction in corporate deposits would have to be monitored.
Also Read: Axis Bank to report Q4 earnings today; here's what analysts expect
Also Read: Axis Bank to report Q4 earnings today; here's what analysts expect
The brokerage had pegged the bank’s net profit at
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