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Axis Bank Q2 net declines 26%
Business Standard
|October 16, 2025
Profit dips to %5,090 crore on one-time standard asset provision
Axis Bank, India's third-largest private sector lender, reported a 26 per cent year-on-year (Y-o-Y) decline in net profit to ₹5,090 crore for the second quarter (July-September) of 2025-26 (Q2FY26) primarily due to a one-time standard asset provision of ₹1,231 crore. The provisioning was done for two discontinued crop loan variants, as advised by the Reserve Bank of India (RBI). Sequentially, the bank's net profit fell 11 per cent.
The bank said this standard asset provision will be written back to the profit and loss account once all outstanding loans under the two discontinued products are recovered or closed, either in the normal course or by March 31, 2028.
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