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Axis Bank Q2 Review: Margin Recovery Holds The Key To Further Upside; Check Target Price And More

Axis Bank Q2 Review: Margin Recovery Holds The Key To Further Upside; Check Target Price And More

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Jefferies, Citi, JPMorgan, Bernstein and Kotak Securities retained positive ratings on Axis Bank, citing improving asset quality and lower credit costs. Analysts flagged margin pressure from FCNR-B deposits but expect a gradual recovery in core profitability.

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