ICICI Bank Ltd. -Stellar Quarter, Growth Momentum to Sustain!
Retail loans (+23/5% YoY/QoQ), Business Banking portfolio (+35/8% YoY/QoQ), SME book (+19/6% YoY/QoQ) and Corporate Loans (+21/4% YoY/QoQ).
349 Views
Leveraged Financials: ‘Pause and Effect’ - interesting trade-offs ahead
As banks and NBFCs navigate the growth-margin trade-off, we argue that the combination of lower growth and lower spreads is not priced into valuations
400 Views
Bfsi Q4fy23 Result Preview – yet Another Strong Quarter!
We expect the banks under our coverage to mirror the strong systemic credit growth, thereby delivering a robust ~17% YoY credit growth in Q4FY23.
353 Views
Housing Finance: New market structures open up investment universe
India’s home loan (HL) market (INR26trn, 17% of overall credit) is poised to double by FY28E on the back of secular trends around improving...
616 Views
Axis Research Scorecard Report - Mar 23
Axis Alpha reported a dream monthly strike rate of 100% in Mar’23. It continued to deliver robust returns with absolute profits of over 5.53 Lc...
621 Views