Axis Bank’s (CMP: Rs 705; Market Cap: Rs 216,153 crore) Q3FY22 earnings report was one of all-round strength – growth, margin gains, promising improvement in asset quality and a strong balance sheet that will incrementally warrant much lower provision to negotiate normal economic challenges. While the surge in operating expenses does raise eyebrows, a large part of the incremental spend is to acquire the right technological capability and to equip the bank in the changing banking landscape. The stock has been...
Moneycontrol Pro Panorama | Rate hike looming, heat is on retail investors
May 26, 2022 / 06:26 PM IST
In today’s edition of Moneycontrol Pro Panorama: A midcap in spotlight, warning for stock market, Modi’s three Ts in Tokyo, Start-Up Street and more
Read NowMoneycontrol Pro Weekender | History lessons
May 28, 2022 / 09:29 AM IST
Why do investors turn to history when the chips are down, but ignore it resolutely during bull markets?
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