Axis Bank Flags Rising Slippages in Unsecured Loan Segment Amid Asset Quality Concerns

Axis Bank has reported elevated slippages in its unsecured loan portfolio, prompting caution from management and analysts alike. The bulk of the ₹4,443 crore gross slippages in Q2 FY25 stemmed from personal loans and credit cards, with writeoffs totaling ₹3,100 crore largely from the same segment.

 

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Analysts expect continued pressure on asset quality, especially in unsecured retail, over the next few quarters.

 

Sources: CNBC TV18, Business Standard, Economic Times BFSI, Axis Bank Investor Presentation.