Krishnan ASV of SBICAP Securities shared his views and expectation from Axis Bank and Yes Bank’s Q4 numbers.
Krishnan ASV said that we expect corporate stress pool of about Rs 180 billion and we think that will dissolve over the next three quarters.
“We believe a large part of that will come through in March. There is no precise number that I would be tracking but we are looking at where the stress is originating from,” he added.
He further said that we expect slippage of Rs 7,500 crore for Axis Bank in Q4 of FY18. Talking about Yes Bank, he said we expect credit cost for Yes Bank to remain elevated as they have to catch up.
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