Axis Bank will release its second quarter financial results tomorrow. The bank is expected to report a stable set of Q2 earnings. The street is expecting that the Rs 10,000 crore that the bank raised will cushion NIMs or provisions.
The loan growth is expected to taper down to 10 percent year-on-year (YoY) and the asset quality may remain stable. However, the key thing to watch out for will be the management commentary with respect to growth, credit cost outlook and restructuring accounts.Watch this video for more