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>Unsecured Book Stress Ease; Credit Costs to Continue to Taper: In Q3, KMB witnessed an improvement in asset quality and a decline in credit costs (calc.) from 81bps in Q2 to 66bps in Q3, primarily aided by lower stress in the unsecured book.</li><li>The stress in the MFI and Personal Loans (PL) portfolio has declined QoQ, while that in the credit card portfolio has plateaued.</li><li>The management had pointed out stress build-up in the retail CV, and the portfolio is being monitored continuously. </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>

Unsecured Book Stress Ease; Credit Costs to Continue to Taper: In Q3, KMB witnessed an improvement in asset quality and a decline in credit costs (calc.) from 81bps in Q2 to 66bps in Q3, primarily aided by lower stress in the unsecured book.The stress in the MFI and Personal Loans (PL) portfolio has declined QoQ, while that in the credit card portfolio has plateaued.The management had pointed out stress build-up in the retail CV, and the portfolio is being monitored continuously. 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.

Kotak Mahindra Bank Ltd. - Unsecured Stress Ebbs; NIM Improvement Remains Key Monitorable!