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Casa growth News

Axis Bank: On growth track
Bank aims to grow at 1.4X in FY12 and maintain NIMs between 3.25-3.5%. If quarterly numbers of private banks are anything to go by, the sector is on a growth track, despite rising interest rates. On the heels of HDFC Bank and YES Bank, Axis too has come out with decent numbers. The bank managed to grow its balancesheet by 34.35 per cent in 2010-11. The management is committed to growing at 1.3-1.4