BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
We attended Axis Bank Ltd.'s analyst day, where the management demonstrated its investments toward building its digital capabilities.
The company continues to focus on providing an end-to-end digital journey with a seamless and improved customer experience. Various digital capabilities along with partnerships in the ecosystem are driving strong growth and helping the bank emerge as a robust customer acquisition engine.
Axis Bank has been reporting strong growth in retail and mid-corporate segment, which along with micro, small and medium enterprise, would remain the key growth drivers.
While estimating margins to remain healthy, Axis Bank expects cost-to-assets ratio to moderate at ~2% by the end of FY25. This coupled with a benign credit cost would aid return on equity expansion.
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