Axis Bank released its December quarter results yesterday. NII grew 15.2% y/y to Rs 6,453 crore. Profit for the quarter increased 4.5% to Rs 1,757 crore. GNPA improved 3bps q/q and NNPA deteriorated 10bps to 5% and 2.09%, respectively. Fresh slippages at Rs 6,214 crore versus Rs 4,983 crore last quarter.