External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

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.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

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

<ul><li>Prabhudas Lilladher's research report onAxis Bank AXSB delivered a good quarter as core PPoP beat PLe by 3.6% driven by better fees and NII.</li><li>While loan growth at 14.2% YoY was a slight miss (86bps), reported NIM increased by 5bps QoQ to 4.06%, which was a positive given NIM environment is tough.</li><li>Balance sheet profile has been improving since (1) share of higher yielding retail (incl.</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>

Prabhudas Lilladher's research report onAxis Bank AXSB delivered a good quarter as core PPoP beat PLe by 3.6% driven by better fees and NII.While loan growth at 14.2% YoY was a slight miss (86bps), reported NIM increased by 5bps QoQ to 4.06%, which was a positive given NIM environment is tough.Balance sheet profile has been improving since (1) share of higher yielding retail (incl.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.

Axis Bank - Balance Sheet Profile to Cushion NIM

Axis Bank Ltd

Axis Bank - Balance Sheet Profile to Cushion NIM