On Thursday, Axis Bank will release its earnings report, and this time around, there may be several one-offs to consider, given the acquisition of Citi, and they will report numbers along with Citi’s retail business of India.
According to a CNBC-TV18 poll, the net interest income (NII) growth is projected to be over 35 percent year-on-year and 4 percent sequentially. However, the poll also anticipates a net loss of more than Rs 5,700 crore, compared to a profit of Rs 4,118 crore in the same quarter last year.