Jefferies, Citi, JPMorgan, Bernstein and Kotak Securities retained positive ratings on Axis Bank, citing improving asset quality and lower credit costs. Analysts flagged margin pressure from FCNR-B deposits but expect a gradual recovery in core profitability.
Jefferies, Citi, JPMorgan, Bernstein and Kotak Securities retained positive ratings on Axis Bank, citing improving asset quality and lower credit costs. Analysts flagged margin pressure from FCNR-B deposits but expect a gradual recovery in core profitability.
<iframe src="https://hindustansphere.com/embed/cluster/09a420ff2111d57c88c4f266f1bf593b090e26af" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Axis Bank Q2 Review: Margin Recovery Holds The Key To Further Upside; Check Target Price And More"></iframe>
