External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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.

External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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

<ul><li>AXSB still has significant ground to cover in terms of enhancing the quality of its deposit franchise and exercising better pricing power on the asset side when compared with its larger private sector banking peers</li><li>With its loan-to-deposit ratio at 93%, AXSB continues to face a trade-off between growth and quality of deposits, incrementally leaning towards the latter in recent times (outflow run rate improved 500bps over the past six quarters)</li><li>With AXSB likely to sustain its investments in focus areas, we expect elevated opex ratios and deferred productivity gains</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>

AXSB still has significant ground to cover in terms of enhancing the quality of its deposit franchise and exercising better pricing power on the asset side when compared with its larger private sector banking peersWith its loan-to-deposit ratio at 93%, AXSB continues to face a trade-off between growth and quality of deposits, incrementally leaning towards the latter in recent times (outflow run rate improved 500bps over the past six quarters)With AXSB likely to sustain its investments in focus areas, we expect elevated opex ratios and deferred productivity gainsContent 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: Deposit Handicap to the Fore; Downgrade to ADD

Axis Bank Ltd

Axis Bank: Deposit Handicap to the Fore; Downgrade to ADD