AXIS BANK : Savings Bank Deposits grew 15%

AXIS BANK ANNOUNCES FINANCIAL RESULTS
FOR THE QUARTER AND NINE MONTHS ENDED 31st DECEMBER 2014

 Results at a Glance
Net Profit for Q3FY15 and 9MFY15 grows 18% YOY to Rs. 1,900 crores and Rs. 5,177 crores respectively

The Bank’s Retail franchise continues to show robust growth

o Savings Bank Deposits grew 15% YOY and Retail Term Deposits grew 24%
o CASA and Retail Term Deposits constitutes 78% of Total Deposits
o Daily Average CASA for 9MFY15 constitutes 40% of Total Deposits
o Retail Advances grew 24% YOY and accounts for 38% of Net Advances


Asset Quality is healthy with Net NPAs at 0.44%

Bank is well capitalised with a healthy Capital Adequacy Ratio (CAR). Under Basel III, Total CAR & Tier I CAR (including the net profit for 9MFY15) stood at 15.64% & 12.44% respectively.


A presentation for investors is being separately placed on the Bank's website: www.axisbank.com.

For further information, please contact Mr. Suresh Warrier at 91-22-24255601 or email: suresh.warrier@axisbank.com

For Media Contact
Paul
Email: paul.ebenezer@ketchumsampark.com
96001 30407

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