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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Banking & Financials Sector: Credit Growth Picking Up; Lower Provisions to Drive Earnings
Credit growth picking up; lower provisions to drive earnings We expect strong earnings performance from banks in 4QFY22, driven by: (1) improving...
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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...
495 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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