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>Gross advances reported a robust growth of 12.4/3.3% YoY/QoQ.</li><li>The healthy growth in the loan book was driven by retail book growth of ~15.7/3.3%YoY/QoQ (unsecured retail Xpress credit grew 18/5% YoY/QoQ), Agri loan growth of ~15% YoY, and SME book growth of 23% YoY.</li><li>Margins declined by 12bps YoY due to an increase in cost of funds. </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>

Gross advances reported a robust growth of 12.4/3.3% YoY/QoQ.The healthy growth in the loan book was driven by retail book growth of ~15.7/3.3%YoY/QoQ (unsecured retail Xpress credit grew 18/5% YoY/QoQ), Agri loan growth of ~15% YoY, and SME book growth of 23% YoY.Margins declined by 12bps YoY due to an increase in cost of funds. 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.

State Bank of India - Stable Margins Bolstered with Asset Quality Improvement

State Bank Of India

State Bank of India - Stable Margins Bolstered with Asset Quality Improvement