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

<ul><li>Credit Cost Improvement Continues; Further Improvement Visible: Bandhan’s asset quality trends remained encouraging despite seasonally weaker Q1.</li><li>Gross slippages remained largely contained, while encouragingly EEB slippages declined QoQ reflecting focused collections and tighter underwriting.</li><li>Resultantly, credit costs moderated to 1.8% vs 2% in Q4, with EEB credit costs settling at 3.3%, in line with management guidance. </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>

Credit Cost Improvement Continues; Further Improvement Visible: Bandhan’s asset quality trends remained encouraging despite seasonally weaker Q1.Gross slippages remained largely contained, while encouragingly EEB slippages declined QoQ reflecting focused collections and tighter underwriting.Resultantly, credit costs moderated to 1.8% vs 2% in Q4, with EEB credit costs settling at 3.3%, in line with management guidance. 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.

Bandhan Bank Ltd. - Execution Improving; External Headwinds Delay Earnings Normalisation