AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Axis Bank Limited

Declaration of Voting Results & Voting Rights Announcements Jan 24, 2023

10591_rns_2023-01-24_a118d790-f52f-4330-be3a-a59f7c92f98a.html

Declaration of Voting Results & Voting Rights Announcements

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 6097N

Axis Bank Limited

24 January 2023

AXIS/CO/CS/520/2022-23       

January 23, 2023

Dear Sir(s),

SUB:   REVISED PRESS RELEASE AND INVESTOR PRESENTATION ON FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2022.

We refer to our letter no. AXIS/CO/CS/523/2022-23 dated January 23, 2023 informing about the financial results along with press release and investor presentation for the quarter and nine months ended December 31, 2022.

We would like to draw  reference to following statement given in paragraph on Provisions and Contingencies on page 3 of the press release for the Bank's Q3FY23 financial results "The Bank holds cumulative provisions (standard + additional other than NPA) of Rs. 5,012 crores at the end of Q3FY23. In this regard, the amount of cumulative provisions (standard + additional other than NPA) in the said statement should be read as Rs. 11,633 crores instead of Rs. 5,012 crores.

Further, the amount of Home Loans outstanding and LAP outstanding as on December 31, 2022 on slide 22 of the Investor Presentation for Q3FY23 should be read as Rs. 1,47,366 crores and Rs. 44,491 crores respectively.

Revised press release and investor presentation are attached herewith.

http://www.rns-pdf.londonstockexchange.com/rns/6097N_1-2023-1-23.pdf

This is for your information and records.

Thanking you,

Yours Sincerely,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

Encl: As above

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBJMPTMTITBAJ

Talk to a Data Expert

Have a question? We'll get back to you promptly.