Axis Bank Ltd.

Axis Bank is aiming to achieve over 30% growth in its home loans every year over the next two years to take its portfolio to Rs 50,000 crore by end of FY15. At present, the total home loan portfolio of the bank stands at Rs 30,000 crore.

Further, the bank is targeting to augment the retail assets component in the total portfolio to 30% from the present 27%.

The bank reported 22.22% rise in its net profit at Rs 1347.22 crore for third quarter ended December 31, 2012 as compared to Rs 1102.27 crore for the same quarter in the previous year. Total income of the bank increased by 19.06% at Rs 8580.30 crore for quarter under review as compared to Rs 7206.77 crore for the quarter ended December 31, 2011.