
Axis Bank Q1 FY26: What is the ‘Technical Impact’ that led to NPA spike, profit decline?
Net profit fell 18% QoQ in Q1 FY26 to Rs 5,806 crore due to a one-time ‘technical impact’. Axis Bank revised its internal NPA classification norms, tightening treatment of overdraft and one-time settlement accounts. The change triggered an additional Rs 2, …