Highlights - Asset quality improves in Q4FY20 but troubles ahead - Substantial provisions led to losses in Q4 - Business parameters healthy; traction in deposits and granular retail advances - De-risking of book in the past should yield good results - FY21 to be soft, but will emerge stronger post crisis - Accumulate gradually on deep cuts in the market Axis Bank (CMP: Rs 455, Market cap: Rs 128,548 crore) showed its prudence by creating significant provisions for probable COVID-19 led asset quality stress and reported a...
Moneycontrol Pro Panorama | Will the MPC signal a pause?
Feb 6, 2023 / 03:05 PM IST
In today’s edition of Moneycontrol Pro Panorama: Market outlook for automakers gets a lift, will GST Council come up with wider ...
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Feb 4, 2023 / 11:20 AM IST
The well-crafted and well-delivered budget got many ‘wows’, but Mr Market’s worry lines are not yet gone
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