Axis Bank Ltd.

Private sector lender Axis Bank is expecting a loan growth of 12-14% in FY16 on the back of economic and investment recovery. Moreover, the bank is expecting a deposit growth in the range of 12-13% in this fiscal.

The bank had recorded a loan growth of 22% in the fiscal ended March 2015 while total deposit increased by 15% during the year. At the end of March 2015, total advances stood at Rs 281,083 crore while total deposits were Rs 3,22,442 crore. The bank’s capital management framework helps ensure an appropriate composition of capital and an optimal mix of businesses.