Analyst Corner: Retain ‘buy’ on Axis Bank on better operating profit

Analyst Corner: Retain ‘buy’ on Axis Bank on better operating profit

Axis Bank’s Q2FY21 earnings reflect strong core performance. NIM expanded 18bps to 3.58% q-o-q, core fee income grew 4% and operating costs were contained at 5%, thereby supporting 16% growth in operating profit.
Check the source here –Source, Financial Express.

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