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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Nirmal Bang maintains accumulate on Axis Bank
Second quarter net profit of Axis Bank in-line with expectation. Loans grew above industry average at 23 per cent. Axis Bank has sold two standard power sector loans amounting to Rs1,820 crore at a heavy loss of 64 per cent to asset reconstruction companies.