Axis Bank Q2 FY25 results (Jul–Sep 2024) and concall

Axis Bank delivered a strong Q2 FY25 with best-in-class return ratios and robust operating performance. Asset quality improved sequentially across all metrics. The bank successfully completed Citi consumer business integration and became the leading UPI PSP. While unsecured retail showed early signs of stress industry-wide, management took proactive risk actions and added Rs 520 crores to prudent non-NPA provisions. Focus on RAROC-driven selective growth continued.