Earnings Axis Bank Q4 decoded: With 28% of loan book under moratorium, lender posts surprise loss Updated : April 29, 2020 05:46 AM IST Chaudhry put it as bluntly as one could, when he said that all industries would be impacted sooner than later, and stress across the banking system will only rise from here. The bank says almost 80 percent of its retail loan book is secured, which is considered safer than the unsecured book which is not backed by collateral. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.