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Results: Axis Bank's net profits zooms by 300% to Rs 6,588 crore in FY 2021

The bank’s Net Interest Income (NII) grew 11 per cent yoy to Rs 7,555 crore in fourth quarter of FY21 from Rs 6,808 crore in fourth quarter of FY20. The bank reported a growth in retail fees -- 16 per cent yoy and 17 per cent quarter on quarter (QoQ); and constituted 64 per cent of the Bank’s total fee income. As on March 31, 2021, the Bank’s reported Gross NPA and Net NPA levels were 3.70 per cent and 1.05 per cent respectively as against 4.55 per cent and 1.19 per cent as on De...
Amitabh Chaudhry Axis Bank Bank Axis Virtual Centre Net Interest Income Axis Virtual Centre Relationship Managers

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