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>NIM improvement assumes priority; near-term headwinds cannot be ruled out: In the rate-easing cycle, DCB has been able to partially offset the impact of the rate cuts by lowering its SA, retail TD, and bulk deposit rates.</li><li>However, the impact of the rate cut will reflect with a lag.</li><li>Thus, near-term pressure on margins could be visible, given that the repo-linked portfolio will reprice downwards.</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>

NIM improvement assumes priority; near-term headwinds cannot be ruled out: In the rate-easing cycle, DCB has been able to partially offset the impact of the rate cuts by lowering its SA, retail TD, and bulk deposit rates.However, the impact of the rate cut will reflect with a lag.Thus, near-term pressure on margins could be visible, given that the repo-linked portfolio will reprice downwards.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.

DCB Bank Ltd. - Good Quarter; Multiple Levers to Offset Headwinds on NIMs to Drive RoA of 1%