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. 

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)

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>Healthy credit growth (+18%/4% YoY/QoQ, in line with our expectations) was visible across segments - Retail loan (+22%/4% YoY/QoQ), business banking portfolio (+30%/4% YoY/QoQ), SME (+29%/5% YoY/QoQ) and Corporate (+19%/3% YoY/QoQ).</li><li>Deposits grew by 18%/5% YoY/QoQ, led by TD deposit growth of 26%/10% YoY/QoQ.</li><li>CASA deposits grew by 9% YoY but were flat QoQ. CASA ratio stood at 43.3% vs. 46.9%/45.8% 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>

Healthy credit growth (+18%/4% YoY/QoQ, in line with our expectations) was visible across segments - Retail loan (+22%/4% YoY/QoQ), business banking portfolio (+30%/4% YoY/QoQ), SME (+29%/5% YoY/QoQ) and Corporate (+19%/3% YoY/QoQ).Deposits grew by 18%/5% YoY/QoQ, led by TD deposit growth of 26%/10% YoY/QoQ.CASA deposits grew by 9% YoY but were flat QoQ. CASA ratio stood at 43.3% vs. 46.9%/45.8% 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.

ICICI Bank Ltd. - Consistent Outperformer!