Axis Bank’s (CMP: Rs 632, Market cap: Rs 214,327 crore) Q4FY21 earnings report was one of prudence with a continued focus on creating a high quality balance sheet thanks to adequate provision, completion of recognition of Covid I stress, readiness to grow with granular assets, liabilities & adequate capital and better preparedness to face the near-term challenges from the second wave of the pandemic. In the past three months, despite the market volatility, the stock had outperformed both the benchmark...
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