Key facts: Axis Bank shares rise 4%; improved asset quality reported
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- Axis Bank shares jumped 4% following its September quarter results, with analysts setting price targets up to ₹1,525. None of the 51 analysts rated it a 'sell'.1
- Axis Bank showed improved asset quality and strong net interest margins in Q2, boosting India's benchmark shares, despite a larger-than-expected profit drop.2
- Axis Bank's Board approved an amended Deposit Agreement on October 15, 2025, allowing GDR holders voting rights, subject to compliance with the Banking Regulation Act, pending Reserve Bank approval.34