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

IDFC First Bank Limited / Equity Bottom-Up

<ul><li>Outlook: Deposit growth is expected to remain healthy and continue to outpace advances growth. This will allow the bank to reduce its C/D ratio.</li><li>Margins are expected to remain stable at current levels. The management will increase interest rates on personal loans as COE has gone up.</li><li>Opex is expected to remain at elevated levels in the near term as the bank is currently building the businesses to sustain for the long term. </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>

Outlook: Deposit growth is expected to remain healthy and continue to outpace advances growth. This will allow the bank to reduce its C/D ratio.Margins are expected to remain stable at current levels. The management will increase interest rates on personal loans as COE has gone up.Opex is expected to remain at elevated levels in the near term as the bank is currently building the businesses to sustain for the long term. 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.

IDFC First Bank Ltd. - Rationally Optimistic Guidance 2.0 with Operating Leverage Play