ICICI Bank (IBN) vs. Axis Bank (AXBK): Best Long-Term Investment Choice for Investors


  • The Nifty Bank index has shown significant volatility in 2024, with a slight decline of 0.23 percent year-to-date but a recent recovery of 1.2 percent over the last month.
  • Banking stocks are anticipated to maintain strong performance into FY25, driven by robust Q4 results featuring healthy credit growth and strong asset quality metrics.
  • “Banking sector experts project a continuation of this robust performance into the next fiscal year, underpinned by solid quarterly outcomes,” noted a leading financial analyst.

Explore the dynamic performance of the Nifty Bank index and the promising outlook for banking stocks in 2024.

Comparative Analysis of ICICI Bank and Axis Bank

Between ICICI Bank and Axis Bank, the former has shown superior performance in 2024, making it a potentially better long-term investment.

Stock Price Trends and Financial Performance

ICICI Bank and Axis Bank have both outperformed the Nifty Bank index this year, with ICICI Bank gaining 13 percent and Axis Bank over 3 percent. Notably, ICICI Bank has consistently delivered positive returns, demonstrating resilience and strategic growth.

Quarterly Financial Highlights

In Q4FY24, ICICI Bank reported a 17.4 percent jump in standalone net profit, while Axis Bank turned a profit against the previous year’s loss, signaling strong recovery and operational efficiency.

Expert Opinions on Long-term Investment Prospects

Financial experts and analysts prefer ICICI Bank over Axis Bank for long-term investments, citing better performance metrics and strategic initiatives that could lead to sustained growth.


Considering the recent financial performances and expert analyses, ICICI Bank stands out as a more favorable choice for long-term investors seeking stability and growth in the banking sector.


Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

Latest News

XRP Price Struggles Below $0.50 Resistance, Potential for Further Declines

XRP price encountered significant resistance and failed...

Dogecoin Faces Downward Pressure: Key Support Levels to Watch Amid Bearish Trends

Dogecoin is experiencing another downward trend from...

Bitcoin’s Volatility Causes Major ETF Withdrawals While BlackRock Bucks the Trend

Cryptocurrencies, including Bitcoin, continue to...

Bitcoin Whale Buys $395M Amid Predictions of $100,000 Price Surge

Bitcoin continues to captivate the...

PRO Analysis

Ethereum Price Analysis: ETH Struggles Below $3,650, Signals Bearish Momentum

Ethereum's price movement is showing signs of...

BNB Price Analysis: Bearish Momentum Threatens Drop Below $600

BNB’s price trended within a...

Bitcoin Price Analysis: Bears Dominate as BTC Slides, Hedge Funds Reduce Exposure

Bitcoin prices are experiencing a decline, drifting...

Floki ($FLOKI) Poised for Strong Gains in 2024: An In-Depth Analysis

Cryptocurrency investors are continuously searching for lucrative...

Ethereum Price Analysis: ETH Eyes Break Above $3,650 for Potential Surge to $4,000

Ethereum's price saw notable oscillations...
Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.

Salesforce (CRM) Shares Plunge 20% on Weak Earnings Forecast, Impacting US Stock Markets

Salesforce Inc. shares tumbled about 20 per cent on Thursday after the company posted weaker revenue than Wall Street estimates for the...

EU Wheat Crop Forecast for 2024/25 Hits 4-Year Low, Stockpiles Expected to Rise

The European Commission has maintained its forecast for the EU's main wheat crop in 2024/25 at a four-year low. ...

2024 IPO Surge: 57% of SME Issues Achieve Over 100% Subscription Rate

The enthusiasm for initial public offerings (IPOs) shows no signs of diminishing, as retail investor participation has increased substantially in recent years. ...