External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

AU Small Finance Bank Limited / Equity Bottom-Up

AU Small Finance Bank Limited (AUBANK IN)

<ul><li>Asset Quality pressures to ease in H2FY26; Credit costs guidance revised upwards: AUSFB’s overall credit costs tapered QoQ to stand at 1.94% (vs 2.42% QoQ); however, the credit costs in the unsecured portfolios continue to remain elevated.</li><li>Additionally, apart from the lower collection efficiency (CE) in the MFI book, owing to the more stringent MFIN guardrails, the management has flagged concerns in the mortgage book in the southern states (eFincare book, stress likely owing to the transition).</li><li>The bank has taken appropriate steps to strengthen the collections and expects a pull-back in H2FY26. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Asset Quality pressures to ease in H2FY26; Credit costs guidance revised upwards: AUSFB’s overall credit costs tapered QoQ to stand at 1.94% (vs 2.42% QoQ); however, the credit costs in the unsecured portfolios continue to remain elevated.Additionally, apart from the lower collection efficiency (CE) in the MFI book, owing to the more stringent MFIN guardrails, the management has flagged concerns in the mortgage book in the southern states (eFincare book, stress likely owing to the transition).The bank has taken appropriate steps to strengthen the collections and expects a pull-back in H2FY26. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

AU Small Finance Bank Ltd. - Stress to Ease from H2FY26 Onwards