Axis Bank aims at 30% retail assets by 2015
By Joseph Samson
Oct 17, 2012
Print    Email    RSS   

The third largest private sector lender, Axis bank has laid plans of pumping its retail lending. The bank however aims to increase the total loan book to 30 per cent by FY15.

At present, the share of its retail lending is 26 per cent which is five per cent more than the previous year's retail loan business as said by a top official of the bank.

Axis bank achieved great profit growth and it was accelerated by growth in retail loan and improved fee income. The bank has also recorded growth in net profit by 22 per cent in the second quarter of this fiscal.

In September 2010, the retail loan book accounted just 19% but it has increased to 26% in the last two years. The bank has also expanded its branches by 60%.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Tax Planning for Working Women in India
Choose right repayment plan for home loans
Know your home loan better
Six tips to choose your home loan lender
Paying back home loans: Which repayment...

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive