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>Bandhan reported credit de-growth of ~5.5% QoQ, which was led by a slowdown in the EEB segment (impacted by elevated slippages and seasonal slowdown) and a large repayment of one short-term loan to the tune of ~Rs 2,150 Cr in the retail segment.</li><li>Total Disbursements de- grew sharply by ~54% QoQ, led by a 62% QoQ dip in EEB disbursements.</li><li>In line with our expectations, NII growth was flat YoY/QoQ. </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>

Bandhan reported credit de-growth of ~5.5% QoQ, which was led by a slowdown in the EEB segment (impacted by elevated slippages and seasonal slowdown) and a large repayment of one short-term loan to the tune of ~Rs 2,150 Cr in the retail segment.Total Disbursements de- grew sharply by ~54% QoQ, led by a 62% QoQ dip in EEB disbursements.In line with our expectations, NII growth was flat YoY/QoQ. 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. - Weak Quarter, Growth Likely to Improve Going Forward!