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 | GST: A simple, reliable tax still a distant dream?
May 20, 2022 / 04:41 PM IST
In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and moreRead Now
Moneycontrol Pro Weekender | People’s Bank of China rides to the rescue
May 21, 2022 / 10:10 AM IST
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growthRead Now
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