The acquisition of #Citibank’s retail business in India by #AxisBank for $1.6 billion has been termed a “good deal, at a good price” by Macquarie Securities analyst Suresh Ganapathy.
Read at:
https://www.moneycontrol.com/news/business/markets/axis-buying-citi-indias-retail-business-a-good-deal-says-macquaries-ganapathy-8299711.html?utm_source=telegram&utm_medium=social
Read at:
https://www.moneycontrol.com/news/business/markets/axis-buying-citi-indias-retail-business-a-good-deal-says-macquaries-ganapathy-8299711.html?utm_source=telegram&utm_medium=social
Moneycontrol
Citi India retail business deal to fetch good returns for Axis Bank, says Macquarie's Ganapathy
Ganapathy said the deal should be accretive for the private lender’s return on investment as well as margin.
#AxisBank-#Citibank deal: The day after the deal, Axis Bank put out a frontpage newspaper #advertisement with a clever wordplay on Citibank's iconic “Citi never sleeps” slogan.
See the ads 👇
https://www.moneycontrol.com/news/trends/axis-bank-citibank-deal-ad-war-as-hsbc-joins-buzz-city-never-closes-8301471.html?utm_source=telegram&utm_medium=social
See the ads 👇
https://www.moneycontrol.com/news/trends/axis-bank-citibank-deal-ad-war-as-hsbc-joins-buzz-city-never-closes-8301471.html?utm_source=telegram&utm_medium=social
Moneycontrol
On Axis Bank-Citibank deal, ad war as HSBC joins buzz: 'City never closes'
Axis Bank-Citibank deal: The day after the deal, Axis Bank put out a frontpage newspaper advertisement with a clever wordplay on Citibank's iconic “Citi never sleeps” slogan.
#AxisBank’s purchase of #Citibank’s India retail business comes in the backdrop of this fatigued #credit card market, which is looking for a second wind.
What’s the way forward? 🤔
https://www.moneycontrol.com/news/business/banks/axis-bank-citibank-deal-indias-credit-card-market-is-at-a-crossroads-which-way-will-it-go-8301351.html?utm_source=telegram&utm_medium=social
What’s the way forward? 🤔
https://www.moneycontrol.com/news/business/banks/axis-bank-citibank-deal-indias-credit-card-market-is-at-a-crossroads-which-way-will-it-go-8301351.html?utm_source=telegram&utm_medium=social
Moneycontrol
Axis Bank-Citibank deal: India’s credit card market is at a crossroads; which way will it go?
Credit card spends have survived the rapid expansion of the Unified Payments Interface, which continues to eat into the payments pie. But with BNPL posing a fresh challenge, issuers face a challenge in widening credit card usage.
The RBI’s new guidelines for issuing #CreditCards could impact the number of outstanding cards and margins of #AxisBank, an official said today.
Read more 👇
https://www.moneycontrol.com/news/business/rbis-new-norms-could-hurt-axis-banks-outstanding-credit-cards-margins-official-8426151.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/rbis-new-norms-could-hurt-axis-banks-outstanding-credit-cards-margins-official-8426151.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI's new norms could hurt banks’ outstanding credit cards, margins: Axis Bank Official
Axis Bank issued around 1.1 million credit cards in January-March, taking total card issuances in financial year 2022 to 2.7 million.
#MCPersonalFinance: #AxisBank will wait for the findings of an investigation into frontrunning allegations at Axis Mutual Fund before taking a final decision on penalising erring officials.
Read more 👇
https://www.moneycontrol.com/news/business/personal-finance/axis-mf-frontrunning-case-axis-bank-awaits-probe-report-will-not-take-action-against-mutual-fund-officials-for-now-8482791.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/personal-finance/axis-mf-frontrunning-case-axis-bank-awaits-probe-report-will-not-take-action-against-mutual-fund-officials-for-now-8482791.html?utm_source=telegram&utm_medium=social
Moneycontrol
Axis MF frontrunning case: Axis Bank awaits probe report; will not take action against mutual fund officials for now
The bank is standing by Axis Mutual Fund CEO and MD Chandresh Nigam after suspending two other fund house officials in connection with frontrunning allegations, say sources. But Nigam’s continuance might run afoul of the regulator.
#ICYMI: #AxisBank will wait for the findings of an investigation into frontrunning allegations at Axis Mutual Fund before taking a final decision on penalising erring officials.
Read more 👇
https://moneycontrol.com/news/business/personal-finance/axis-mf-frontrunning-case-axis-bank-awaits-probe-report-will-not-take-action-against-mutual-fund-officials-for-now-8482791.html?utm_source=telegram&utm_medium=social
Read more 👇
https://moneycontrol.com/news/business/personal-finance/axis-mf-frontrunning-case-axis-bank-awaits-probe-report-will-not-take-action-against-mutual-fund-officials-for-now-8482791.html?utm_source=telegram&utm_medium=social
Moneycontrol
Axis MF frontrunning case: Axis Bank awaits probe report; will not take action against mutual fund officials for now
The bank is standing by Axis Mutual Fund CEO and MD Chandresh Nigam after suspending two other fund house officials in connection with frontrunning allegations, say sources. But Nigam’s continuance might run afoul of the regulator.
#TradeSetup for July 26th ⚡️#TataSteel, #AxisBank, #TechMahindra And More!
These are the #stocks that will possibly be in the spotlight during #trading hours tomorrow.
Watch the video to know why these #stocks are buzzing before the #OpeningBell! 🎥
https://www.youtube.com/watch?v=0TKhIBomLUw
These are the #stocks that will possibly be in the spotlight during #trading hours tomorrow.
Watch the video to know why these #stocks are buzzing before the #OpeningBell! 🎥
https://www.youtube.com/watch?v=0TKhIBomLUw
#TradeSetup for October 21st ⚡️ #Reliance, #ICICI Bank, #AxisBank, & #AsianPaints: Top stocks to watch on Friday
These are the stocks that will possibly be in the spotlight during trading hours on October 21st, Friday. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade.
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://bit.ly/3scGsMl
These are the stocks that will possibly be in the spotlight during trading hours on October 21st, Friday. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade.
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://bit.ly/3scGsMl
#MCPro: #AxisBank put up a strong overall show in Q2 FY23. Its growth trajectory is promising. It will be interesting to see how the #bank strikes a balance between chasing #growth and deposits, and protecting margins.
Read at 👇
https://bit.ly/3EZB1rG
Read at 👇
https://bit.ly/3EZB1rG
Moneycontrol
Axis Bank’s Q2 FY23 rings in early Diwali, rerating ahead
The stock of Axis Bank trades at a significant discount to its larger private sector peers and we see enough headroom for rerating
#NewsAlert 🚨 Fitch Ratings affirms Axis Bank’s rating at `BB+’; outlook stable
#FitchRatings #AxisBank
#FitchRatings #AxisBank
#MarketsWithMC | #SuzlonEnergy, #CanaraBank, #AxisBank and more: here are 10 stocks that moved the most this past week👇
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On #MorningTrade 🔥
European markets end lower as global investors await the results of the U.S. midterm elections.
#Stocks in the spotlight today – #TataMotors as it reports lower than expected loss in Q2 on the back of improved JLR margins.. also in focus will be #AxisBank & #zomato.
🔴 Live now: https://www.youtube.com/watch?v=3WQgKBebukA
European markets end lower as global investors await the results of the U.S. midterm elections.
#Stocks in the spotlight today – #TataMotors as it reports lower than expected loss in Q2 on the back of improved JLR margins.. also in focus will be #AxisBank & #zomato.
🔴 Live now: https://www.youtube.com/watch?v=3WQgKBebukA
#TradeSetup for December 14th ⚡️ #TVSMotor, #AxisBank & #AdaniTransmission: Top Stocks To Watch On Wednesday.
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://www.youtube.com/watch?v=jwkQv7ZU_vI
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://www.youtube.com/watch?v=jwkQv7ZU_vI
#MarketsWithMC | Over the past one quarter, #BritanniaIndustries, #HCL Technologies and #AxisBank have seen the highest upgrades.
Read Here 👇🏻
https://bit.ly/3IexyaA
Read Here 👇🏻
https://bit.ly/3IexyaA
#TradeSetup for January 23th ⚡️ #AxisBank, #Trent, #SBI & #IndianEnergyExchange: Top Stocks To Watch On Monday
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://youtu.be/WKHJAsIhdZ4
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://youtu.be/WKHJAsIhdZ4
#MCPersonalFinance: Citibank’s consumer business in India will be transferred to Axis Bank.
I have an account with #Citibank. Will my bank account details remain the same after this transfer to #AxisBank❓
All that you must know 👇
https://bit.ly/3kwyc9Z
I have an account with #Citibank. Will my bank account details remain the same after this transfer to #AxisBank❓
All that you must know 👇
https://bit.ly/3kwyc9Z
#AxisBank is “absolutely in no hurry” to raise capital after completing the #Citibank deal as the private lender “has sufficient capital for funding organic growth”, MD & CEO Amitabh Chaudhry said.
Read at 👇
https://bit.ly/41SBh4V
Read at 👇
https://bit.ly/41SBh4V
Moneycontrol
Citibank deal: In no hurry to raise capital, have enough for organic growth, says Axis chief
Valuations for Axis Bank’s acquisition of Citi remain competitive and the price paid 'is around the market valuations', says MD & CEO Amitabh Chaudhry
Expects pricing power to unlikely improve materially for the space. Prefers large cap names like Ultratech Cement and Dalmia Bharat.
Watch
https://www.youtube.com/watch?v=9UyHkK0vg1w
Watch
https://www.youtube.com/watch?v=9UyHkK0vg1w
YouTube
LIVE: Auto & Banking Stocks In Focus | Tata Steel Q4 Results Today | Opening Bell
Banking stocks in focus, especially IDFC First and Kotak Mahindra Bank which reported a decent set of numbers over the weekend. Ultratech Cement too reported strong operational performance for the March quarter. Auto companies reported monthly sales numbers.…
#EarningsWithMC | According to a poll of three brokerages conducted by Moneycontrol, Axis Bank's profit is seen up 42.7% on a year-on-year basis.
More details on #AxisBank Q1 preview 👇
https://www.moneycontrol.com/news/business/earnings/axis-bank-q1-preview-net-profit-seen-up-42-7-yoy-to-rs-5889-5-cr-11025641.html?utm_source=telegram&utm_medium=social
More details on #AxisBank Q1 preview 👇
https://www.moneycontrol.com/news/business/earnings/axis-bank-q1-preview-net-profit-seen-up-42-7-yoy-to-rs-5889-5-cr-11025641.html?utm_source=telegram&utm_medium=social
#EarningsWithMC | #AxisBank reported net profit of Rs 6,035 crore for #Q1FY25, up from Rs 3,452 crore in corresponding quarter previous year.
Read on 👇
https://www.moneycontrol.com/news/business/earnings/axis-bank-q1-results-april-june-net-profit-rises-to-rs-6035-crore-beats-estimates-12776888.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read on 👇
https://www.moneycontrol.com/news/business/earnings/axis-bank-q1-results-april-june-net-profit-rises-to-rs-6035-crore-beats-estimates-12776888.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Axis Bank Q1 results: April-June net profit rises to Rs 6,035 crore, beats estimates
Axis Bank Q1 FY25 Results: The bank's asset quality worsened sequentially with gross non-performing assets up 11 basis points (bps) at 1.54 percent and net non-performing assets 3 bps up at 0.34 percent.