Axis Bank - Modest PPOP Growth; Lower Provisions Support Earnings
AXSB delivered a mixed quarter, with net profit up 54% YoY (in line), supported by lower provisions, even as margin declined and OPEX stood elevated.
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Axis Bank - Cutting Earnings Due to Higher Opex
Axis Bank’s 4QFY22 operating profit came under pressure due to 7% YoY growth in net revenue while investments in growth and technology continued to...
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Axis Bank (Update): Citibank consumer business calls for upping the game. Maintain BUY
Axis Bank announced the acquisition of Citibank’s cards, consumer lending, and wealth businesses in a transaction that is likely to be closed over...
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Axis Bank (Update): Citibank consumer business calls for upping the game. Maintain BUY
Axis Bank announced the acquisition of Citibank’s cards, consumer lending, and wealth businesses in a transaction that is likely to be closed over...
550 Views
Axis Bank: Strong Growth Momentum, Outlook Bright
Axis Bank is the third largest private sector bank in India with a balance sheet size of Rs11.1 lakh crore as on December 2021. The bank has a...
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